Hi gents, I am a long time follower and first time poster.
In regards to the risk / success chance, I attended the AGM last year and asked Scott to clarify the in-ground risk for me. I had read that there was an 11% chance of a discovery, however I had also read that the source rocks indicated that there was 100% chance for gas, so I wasn't exactly sure what to make of those numbers... Basically the response was, with that type of announcement, the rating is limited to a particular range, and if I remember correctly 12% being the highest limit. So 11% was one of the better results considering the limited range.
As Chrimata has pointed out in a previous post, the gas is there, or its not and I don't think Brent would be on board if he thought this was a dud. There are many positive indicators with the new data which is shown in the latest presentation and the shear size of the target will have some Tier 1 partners sniffing around for sure.
We will never know until the drill hits the ground, but I am quietly confident.
- Forums
- ASX - By Stock
- IVZ
- Why the sell off
Why the sell off, page-36
-
- There are more pages in this discussion • 42 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IVZ (ASX) to my watchlist
|
|||||
Last
8.7¢ |
Change
-0.001(1.14%) |
Mkt cap ! $123.3M |
Open | High | Low | Value | Volume |
8.9¢ | 8.9¢ | 8.4¢ | $496.7K | 5.718M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 10998 | 8.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.9¢ | 400000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 10998 | 0.087 |
1 | 100000 | 0.086 |
1 | 14457 | 0.085 |
8 | 364119 | 0.084 |
4 | 383830 | 0.083 |
Price($) | Vol. | No. |
---|---|---|
0.089 | 400000 | 1 |
0.090 | 250000 | 1 |
0.091 | 315000 | 2 |
0.092 | 325000 | 2 |
0.093 | 360000 | 5 |
Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
Featured News
IVZ (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online