IVZ 1.41% 7.2¢ invictus energy ltd

Upcoming JRI-Invictus Webinar Questions, page-585

  1. 6,878 Posts.
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    A quick check of the rainy season over there (Zim) reveals that the worst is over and by end of March its dusted. Only expect about 8 inches in Feb and about 4 inches in March...I wouldn't mind betting they run with Baobab in April/May whilst they are doing the 3D for M2. Then again what do I know? I do know that with only about 11 or 12 inches of rain expected before end March (unless cyclone blows in from Indian Ocean) that it ain't a lot of rain so things should dry out rapidly in April when the historical rainfall is only about 1.5 inches. We get 12 inches in a day sometimes up here in Qld that is a wet season lol...Boabab first whilst 3d being completed for M2 guide is my guess. get on with the show...If Boabab gets a good result then a CR will be at a good price with minimal dilution. Have they got enough cash in hand at this stage to complete Baobab? Anyone know?
 
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