IVZ 4.00% 7.2¢ invictus energy ltd

IVZ Share Price, page-20490

  1. 4,087 Posts.
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    Well after 100 million spent we still have no definitive answer whether the MK2 well is a fail or pass. Wells have to flow at commercial rates to be deemed a pass. I just can't believe they've run out of cash to flow test MK2 what were they actually thinking that there was a never ending 15 mil supply of cash they could tap the markets for and that pulling a 100 million dollar sample out would solve all their financial woes. Does sound awfully similar to their new business plan is that the PSA the key to now solving all their funding woes. Not sure who actually comes up with these business plans.
 
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