IVZ 1.54% 6.6¢ invictus energy ltd

But you cannot honestly think that a prospective resource of...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 5,127 Posts.
    lightbulb Created with Sketch. 367
    But you cannot honestly think that a prospective resource of similar size, but across 20 targets, of which would all require their own wells at far higher combined cost (multiples of IVZ), is a reasonable comparison to a single target.


    I know there is a long way to go, nobody disputes that, nor is anyone saying its a formality that this is confirmed as a huge discovery. However, fact is, I can't see another single conventional onshore oil or gas target this large at a $15m EV. If they are available (not adding 20 targets together across two countries to get the same potential size), please direct me.

    Last edited by HAC30: 06/11/18
 
watchlist Created with Sketch. Add IVZ (ASX) to my watchlist
(20min delay)
Last
6.6¢
Change
0.001(1.54%)
Mkt cap ! $107.6M
Open High Low Value Volume
6.6¢ 6.9¢ 6.4¢ $98.87K 1.490M

Buyers (Bids)

No. Vol. Price($)
1 8300 6.5¢
 

Sellers (Offers)

Price($) Vol. No.
6.6¢ 219460 1
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
IVZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.