IVZ 1.59% 6.2¢ invictus energy ltd

Ann: Strategic Investment & Production Sharing Agreement Update, page-218

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  1. 16,680 Posts.
    lightbulb Created with Sketch. 4020

    Am I the only one who see's the forward plan looking more like a company that has drilled half a dozen wells and tested them?
    SM must be supremely confident in the flow test at MK2. He would be well aware that any poor flow rate will kick us in the teeth.
    I have never seen a company getting this far ahead of the actual drilling.....to me its a massive positive.
    Pilot project, I was shocked to learn that there are power lines 2-3 km away from MK2.
    How easy is this going to be to develop!!!

    I also believe that this relatively meagre raise is a direct result of the farm in negotiations which must be progressing well, so well that they have an idea how much cash they need to get us to farm in.
    The VFX is going to be interesting.

    In the webinar he says he is headed to Zim to ring the bell at VFX
 
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