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1.61% 6.3¢ invictus energy ltd

Ann: Mukuyu-2 wireline logging progress update, page-511

  1. Mr.Hustler
    5,709 Posts.
    lightbulb Created with Sketch. 1109
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    10/11/23
    08:53
    Post #: 70823530
    Yes, it scars you for life. When PCL negotiated with Woodside for their current option to farm in I considered selling the lot. But, I think they learnt something from the FAR saga and I noticed there is a royalty option to be free carried to production, something FAR never had.

    IVZ does have the advantage of a much larger holding percentage which gives them the option to sell down for good $$$ and onshore development should be much cheaper also.
    IVZ Price at posting: 21.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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