IVZ 7.95% 8.1¢ invictus energy ltd

Upcoming JRI-Invictus Webinar Questions, page-449

  1. 1,260 Posts.
    lightbulb Created with Sketch. 391
    Kiwi, thanks for all your input thus far. Have a question for you, with all your experience and information we have at hand if you were in Scot's shoes what would you do? .

    Would you prioritise another drill to get the elusive "Discovery", following which there would def be a re-rate, more interest from potential partners and the ability to raise more cash at a higher $
    Or
    Would you do a 3D to get a better understanding of the area, gather the info from the side wall cores and then pinpoint your appraisal well with a higher chance of discovery albeit at a cost of share price degradation/ stagnation and god knows time (we might be looking at 3rd Quarter once all the information has been assessed factoring commencing after the wet season post March/ April.

    Keen to get your thoughts knowing all the challenges we faced and could face finding a reliable service provider and then having the tools to deliver.

    Thanks
 
watchlist Created with Sketch. Add IVZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.