IVZ 1.56% 6.5¢ invictus energy ltd

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

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  1. 5,127 Posts.
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    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
 
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