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11:42
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Originally posted by jakspara:
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Agreed, it’s just frustrating to watch Scott selling himself and us short again. He/they do a brilliant job of the technicals, Q&A’s and at the project level etc….first class. Regardless of my personal, small time investor opinion, I think it’s just incredibly disappointing to see them continually fall short on the capital side of things. I’m not sure what the issue is, whether it’s a lack of confidence or bigger outside issues, but there’s no denying we keep getting sold short. These brokers can be parasitic and i mean that in the literal sense, not as a slur…..we have been witnessing this first hand over the last 6 months or so. So it just really gets under my skin that we’ve fallen for their games, Invictus has one of the biggest, if not the biggest following/support from long term (retail) investors so use that support from stronger hands. The appetite was clearly there for an investor supported raise and this would have sent a signal to those who’ve been holding us down looking for a quick buck. It is what it is and we just have to get used to going into spud mid to low 20’s now.
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I hear you - the issue of giving retail investors a look in comes with the time delay risk, yes they did have enough time to raise for both wells back in March/April but didn’t do so as I assume they were keeping farm in options open.
