IVZ 1.54% 6.6¢ invictus energy ltd

General Chat, page-153

  1. 1,193 Posts.
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    I'm still holding and bought more recently. I asked a friend who is a geologist for a major ASX-listed oil and gas company for his views on the initial prospective resource announcement. He recommended being cautious noting the prospective nature, depth and not knowing the reservoir quality. What made the speculator in me buy more after talking to him was his scepticism around why no one had drilled it to date, given the prospective massive size of the resource. I explained the political instability and hyperinflation during the Mugabe regime, and how that's all changed.
 
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