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1.67%

6.1¢ invictus energy ltd

Why would anyone here believe a word you say? You’ve displayed...

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jakspara

9,604 Posts.

2987

16/04/24

21:25

Post #: 73376003
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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.

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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

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(20min delay)
Last 6.1¢		Change 0.001(1.67%)		Mkt cap ! $86.49M

Open	High	Low	Value	Volume
6.0¢	6.2¢	6.0¢	$67.21K	1.106M

Buyers (Bids)

No.	Vol.	Price($)
6	272430	6.0¢

Sellers (Offers)

Price($)	Vol.	No.
6.1¢	2403	2

View Market Depth

No.	Vol.	Price($)
6	342430	0.060
4	184796	0.059
4	249000	0.058
3	435104	0.057
3	105585	0.056

Price($)	Vol.	No.
0.061	6037	3
0.062	13359	2
0.063	41634	4
0.064	599994	1
0.067	44226	1

Last trade - 12.01pm 06/06/2024 (20 minute delay)


Last 6.0¢			Change 0.001 ( 0.00 %)
Open	High		Low	Volume
6.1¢	6.2¢		6.0¢	626370
Last updated 12.07pm 06/06/2024 ?

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