IVZ 1.43% 6.9¢ invictus energy ltd

JRI Fireside chat with Scott Macmillan Tues. Nov 28 @ 9:00 Perth/12:00 Sydney, page-436

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    If we assumed that flow testing M2 kicks off the 4 well campaign immediately after its completion, and that it continues to the very end of 2025, and that no additional rigs are brought in, that’s a new well every 5 months. On top of an flowing M2. Is that Slow? Maybe in the grand scheme of things but you’re dreaming if you think the sp will stay slow if those wells successfully hit thick intervals of net pay. The prospect of a new flow test updating an ever-increasing net pay and resource number every 5 months starting this spring for Mukuyu is exciting as hell and if the company goes 3/4 or 4/4 on those then the share price would be likely nearly an order of magnitude higher than now.
    Last edited by JRIPodcast: 29/11/23
 
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