IVZ 2.67% 7.7¢ invictus energy ltd

Ann: Trading Halt, page-137

  1. 9,750 Posts.
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    Because technically we don’t have a two well program yet, so I can’t see it being announced as such. As 7 posted above though, it seems we’ve managed to pull off a deal that funds 66% of drilling and therefore it does add up. I’ll be rightly cheesed off if we’ve given up more than the 25% WI for that 66% funding. Yep, great to get the funding sorted I’m just not overly impressed with the lowly price, it’s unneeded dilution where there’s clearly been appetite much higher (you just watch how quickly the cr gets filled and they’ll boast about how well supported it was…..well yeh obviously, because it’s clearly too Fing cheap). I do love how anything but brimming positivity is written off as “whining”, nope it’s called a differing opinion. Some are obviously just easier pleased than others.
 
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