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1.54%

6.6¢ invictus energy ltd

Mobile - nearly 100% chance of gas, page-7

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bratty

652 Posts.

71

05/11/18

23:32

Post #: 36398453
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Originally posted by HAC30 ↑

Looks very high probability from all accounts. I can't really fault the opportunity aside from it being in Africa, although this would have been drilled long ago if it was anywhere else so being in Zimbabwe is the only reason we get a chance to part own this.
I've run this past a few mates working for oil and gas companies, they couldn't really fault the initial data. Porosity of 18% is very good, and if permeability can be confirmed as between 100-1000mD (also very high) as previously quoted in data, this will be a serious conventional (no fracking) play. Not that I think there are 'greens' in Zimbabwe but not needing to frack helps alleviate environmental concerns aside from being much more economical from a fiscal perspective.
My concern is this just sounds a little too good to be true. No such thing as a sure thing but a $15m EV for something showing this potential is just silly. I can't work out why this hasn't been bought up significantly yet.

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@HAC30 I'm thinking ivz just hasn't had the exposure until now.
This forum has only had 1200 odd monthly visits and could go days without a post prior to last week.
If this is the case the next few weeks could be very profitable with all the free advertising now happening in the worlds news.

IVZ Price at posting: 5.3¢ Sentiment: Buy Disclosure: Held
6 Upvote

1 Great analysis

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(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¢	$84.35K	1.270M

Buyers (Bids)

No.	Vol.	Price($)
2	50000	6.6¢

Sellers (Offers)

Price($)	Vol.	No.
6.7¢	21568	1

View Market Depth

No.	Vol.	Price($)
2	336596	0.069
4	214705	0.068
2	218700	0.067
2	44576	0.066
1	150000	0.065

Price($)	Vol.	No.
0.070	105714	2
0.071	764037	7
0.072	1100138	10
0.073	1036012	6
0.074	1002617	6

Last trade - 14.51pm 22/11/2024 (20 minute delay)

IVZ (ASX) Chart