IVZ 1.61% 6.1¢ invictus energy ltd

SP Discussion, page-163

  1. 10,149 Posts.
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    it’s ok stinky the ones that sold this on CR to re collect and not on fundamentals it will move up just as fast.

    You have 20 million in the bank to complete a given commercial flow and meet the criteria for the 3 billion dollar offtake agreement, plus 3D completed to pick every sweet spot on the basin and taking in billions in valuations just like ENI did, just as African oil did and just as Woodside did.

    It’s a given this is already a multi billion dollar asset. But investors going to wait for the possibility of 15 million to drill another well on the east tenement which 2D comes out shortly which will increase the resource dramatically

    Funded for next 9-12 months and we know that Scott will take just like STX 20-30 million in debt from the banks to accelerate the apprasial and drill another 2 wells and have 4-5 appraised wells and just like EN1 in Africa did when it appraised a 5 TCF resource sold 25 percent for a 4.2 billion dollar stake

    110 million dollar EV funny and just getting soaked for easy coin
    Last edited by Roch2077: 17/01/24
 
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