Current target from the upper Angwa is 90% the size of woodsides Pluto project off the north west coast of WA
This is a stacked target that will more than likely be conceptually be MUCH larger than Pluto.
This is just the one stacked target, don’t forget the basin is huge and other targets will come into play.
As for the gas market, it continues to grow with the lack of exploration for easily identifiable targets out there, even Bloomberg just posted this article
As Binwood alluded to, there is opportunity to sell this stock on news no doubt, but this has never been a shonky quick trade for most. Patience is the key here.
How many companies acquire an asset, do seismic and look to have it framed out and drilled within 2.5 years? None, that’s what makes Invictus so exciting.
IVZ Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held
