IVZ 1.49% 6.8¢ invictus energy ltd

Ann: Hydrocarbon Samples from Mukuyu-2 Discovery at Laboratory, page-281

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    My real point was we know how much it is to cost to drill in Africa and it is super expensive. Perth Basin explorers aren't going it alone and their wells are only costing 10mil yet IVZ believe they are so different they don't need such risk mitigation funding strategies as all these other exploration companies and haven't after 2 wells are not looking at all to change their funding strategy.

    IVZ believe they can pull this off funding it alone to a future "prize" but the market has pretty much rejected the path to getting there (I don't believe in dark entities in the shadow's supressing the share price wanting to buy share's at 13c) More now if they want a further 15 mil then it's going to have to be at an even lower share price.


 
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