IVZ invictus energy ltd

Ann: Quarterly Report & Cashflow, page-20

  1. 5,637 Posts.
    lightbulb Created with Sketch. 1029
    I'd say your new CFO is costing a bit in annual cash bonuses hence the rise in staff costs.

    Possibly gives a clearer picture now on how much an Idle rig costs as it looks like their payments to Exhalo are lumpy and not quarter by quarter so around 10 mil a year spent on an idle rig considering the last 2 quarterlies spent on exploration and evaluation when nothing has been going on ?
 
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