IVZ
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4.62% 6.2¢ invictus energy ltd

You would need to drill more wells to prove up the resource...

  1. luciano
    636 Posts.
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    26/07/23
    16:49
    Post #: 68995719
    You would need to drill more wells to prove up the resource size


    Yes most likely and I am aware of that thanks.
    Just saying that with more leads from new seismic and of course more wells,
    416 MBOE imo seem little.
    In other words, if/once we will declare a discovery and flow test successfully, and once we will drill more wells
    will IVZ sp still be at A$ 0.33 ?
    IVZ Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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