IVZ 1.49% 6.8¢ invictus energy ltd

Ann: Trading Halt, page-130

  1. 1,045 Posts.
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    After 4.5 years holding the big day appears to be less than 48 hours away now. i like many shat myself hen I saw a price sensitive ann 24 hours after the update.
    For once I was smiling like the Cheshire Cat after reading it. No matter how or from what angle I peruse the sentences, the line '..providing an update on the intermediate wire logging & fluid sampling results.." it bodes nothing but good news.
    'Captain Cautious' Scott would not allow such a statement unless he had 100% confidence in what they had actually retreived to surface.
    Going to be a long wait till Thursday morn, but I hope that when they declare the discovery, for once they actually throw away the modesty and sing their success from the rooftops. Surely El Presso will be there proudly holding the holy grail sample bottle for the whole world to witness 'his success!', whilst the witch doctor madly dances himself silly in the background!
    Will be interesting to see the global reaction?
    This will surely make even the Australian newspapers - they must spruike an Aussie success story despite nothing in it for the family!

    Re. the share price, I personally do not see a meteoric rise overnight (Would love to be wrong though!) but more a slow burn over the next few months leading in to the flow testing, whilst in that time I believe the PPSA will be signed, opening us up big institutional investors, bank funding will happen and Scott will be invited to a LOT of parties!
    What could be a massive rocket for the sp though, is if a discovery is announced on Thursday, only for the market to be told that they were now drilling on to attempt to retrieve a sample from the Lower Angwa? That would be huge.

    Very interesting times and after 4.5 years its time to celebrate somewhat....just in time to make it an even happier Xmas!
    Even happier for what this may do for the people of Zimbabwe.



 
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