Australia's largest stock trading and investment forum Australia's #1 stock forum

IVZ

Click for more information

4.76%

6.0¢ invictus energy ltd

IVZ Share Price, page-19808

First 19808 Last

Share
Profile

Follow
jakspara

9,602 Posts.

2987

16/04/24

21:25

Post #: 73376003
Share

Originally posted by Grfe4: ↑

@Bilbo_Swaggins: "upcoming CR at 5 cents only"

Are investors seriously going to pay 5c a share given all the risk if your estimate of the SP following a successful well test is only 8c? In my opinion, a CR at 3.3c would be more enticing.

Some people are saying the gas in place is only 1.3 Tscf across the whole field (180 Km2), but according to VOGC the 1.3 Tscf was for the northern fault block only, which represents about 26% of the whole field.

If there is only 1.3 Tscf across the whole field, in my opinion, the SP might only reach 4c following a successful well test. Therefore, a CR would need to be made at 1.4c - 1.6c, but that would cause far too much dilution (probably unviable).

I would consider a CR at 5c if I was confident that the deep drilling results were going to lead to at least 4.5 Tscf across the field.

In my opinion only.

Expand

Why would anyone here believe a word you say? You’ve displayed this same behaviour over and over. So which one is it? 4c or the the 72c valuation you posted 2 weeks ago? Back on ignore….

IVZ Price at posting: 7.4¢ Sentiment: Buy Disclosure: Held
13 Upvote

5 Great analysis

Reply

There are more pages in this discussion • 1,463 more messages in this thread...

First 19808 Last

Add IVZ (ASX) to my watchlist

(20min delay)
Last 6.0¢		Change -0.003(4.76%)		Mkt cap ! $85.07M

Open	High	Low	Value	Volume
6.2¢	6.3¢	5.9¢	$204.0K	3.364M

Buyers (Bids)

No.	Vol.	Price($)
5	390819	6.0¢

Sellers (Offers)

Price($)	Vol.	No.
6.1¢	498697	4

View Market Depth

No.	Vol.	Price($)
8	408904	0.060
4	177847	0.059
3	129000	0.058
3	435104	0.057
3	105585	0.056

Price($)	Vol.	No.
0.060	120000	1
0.061	478697	3
0.063	66981	3
0.064	602457	2
0.067	44226	1

Last trade - 15.34pm 05/06/2024 (20 minute delay)


Last 6.0¢			Change -0.003 ( 3.23 %)
Open	High		Low	Volume
6.2¢	6.2¢		5.9¢	2404310
Last updated 15.41pm 05/06/2024 ?

IVZ (ASX) Chart

SPONSORED BY