IVZ 2.67% 7.7¢ invictus energy ltd

Forward to the Farm In, page-212

  1. 999 Posts.
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    Great pick up, I had missed it. Also appreciate the note on the AGM, I was unable to attend this year.


    My biggest concern was always a fractured seal. Obviously the part you mentioned doesn't mean it isn't possible, but it certainly helps stack the odds in our favour here. It is very encouraging the wording.



    Personally I was hoping for a deal by year end and with about 20 business days left my hopes are some what fading. From the last quarterly.....

    november.PNG



    This is the last piece to finally get on the ground and do anything more we need. I believe the turn around time from submission is 30 days, so if we take December 1st as the day lodged we should be hopeful of getting the EIA approved in early January (allowing for holidays).


    Once we have the EIA approved I believe we are just waiting on confirmation of the petroleum act being updated, I believe this is also happening at the moment as there have been several sittings of parliament in Zimbabwe.



    So before we get a deal I think we will see the updated petroleum act and the approval of the EIA. This will give any potential partner confidence that when they do a deal it will be in the best interest of all parties!



    Very much looking forward to 2020 and a rebound in the share price!
 
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