IVZ 3.70% 7.8¢ invictus energy ltd

Ann: Invictus Energy Project & Drilling Update, page-241

  1. 1,688 Posts.
    lightbulb Created with Sketch. 850
    haha ye fair enough... it was a poor metaphor.

    I am forever hopeful about IVZs prospects and have painted myself a pretty picture as to why there have been delays...
    you absolutely right in that there are a lot of uncertainties atm and thats giving our SP a good proverbial punch in the ballsack...
    BUT
    i also believe (hope to all hell maybe?) that it could be a domino effect.
    1. we lock in that new lease area with the zim govt for exclusivity
    2. We then release the seismic data with the new prospective resource incl. the new lease area
    3. we then fix the backend of the OTC so that we can get more than 200k shares trading a day
    4. we then make a bloody (said in a saffa accent) decision on funding whether its locking in the Cluff terms or other parties come to the table or another CR - whatever it might be
    5. we then profit?

    I feel that we just forever waiting for that single tipping point... the buildup to what we thought was seismic release showed that there a fair few eyes on IVZ... we built to 16.5c without much problem... but kinda got let down coz we waiting on the zim govt (molasses rolling down a frozen hill vibes)

    im just reiterating the point youve already made though... from pt 1-4 we dont have certainty over and have been given promise dates that shift and wobble like a jenga tower.
    im still quietly accumulating the little i can (im broke) because IF we start hitting a few marks and gain some traction this could be a life changing opportunity for us holders.

    Ride of die baby - big risk - big reward


    SFW
 
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