IVZ 0.00% 7.8¢ invictus energy ltd

JRI IVZ Fireside Chat - March 26, page-662

  1. 1,379 Posts.
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    "My guess is that IVZ are negotiating a lease extension for outside SG4571 because I can't see how they can drill a well before mid 2025, "

    Until the PPSA is signed not much will happen.
    From what I am hearing is that the PPSA will be signed very soon and from that announcement all hell will break loose with getting the finances in place for MK2 Flow test, Running liners and getting MK2 to production status.
    During this time we will be securing a Farm In contract and getting another rig onsite as quick as possible.
    From the time that the PPSA is signed things will become chaotic in a good way including our SP as it will be a fight for the highest player for whatever shares are available for purchase.
    I do not know what our SP could turn out to be, but with all that is speculated from the data that we have at this point of time, then I suspect that we will have huge reserves and getting MK2 producing will drive the demand for our shares and thus will become quickly a sellers market.
 
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