IVZ 1.49% 6.8¢ invictus energy ltd

Ann: Hydrocarbon gas recovered & evaluation program forward plan, page-859

  1. 6,747 Posts.
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    They haven't got that sort of money...we are a buyout and the price is going to be cheap for a major when they do pick it up. What say you $500 million for the lot? that is about 40 cents a share and at this stage that is all it is worth...no confidence is the market showing in IVZ the damage has been done and now to pull a rabbit out of a hat. No reason to believe a word they say rom here on in they will never tell it like it is until it isn't. That is their modus operandi to date and no reason to think otherwise. However having said tis the distinct possibility remains that the rabbit in the hat may appear soon enough and the team will have somehow rescued their credibility and the company from the vultures that are no doubt circling right now.
    So we are in to the death is that it? I suppose it is really the fear of not being in it when the story comes together its far too huge so onward and hopefully upward from here...Rudolph where is my hard hat we re going to need it for our delivery to Zim. Ah the perils of O&G no good looking back we have gas and oil to discover.
 
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