IVZ 1.49% 6.8¢ invictus energy ltd

Ann: Trading Halt, page-354

  1. 9,676 Posts.
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    This is a really good post mate. A lot here aren’t seeing the big picture due buying into the “north of $2.40 hype” and upset it hasn’t eventuated overnight, nor do they understand what we’re up against in terms of funding options, time to production etc. The key point, which you’ve highlighted is that we still retain 80% of the entire basin and that any jv or farmin would be far more dilutive than we the approx 200mill shares being issued. Hardman didn’t jump overnight, I think we can eventually end up bigger given the sole risk path we’re on….given the demand for energy in the region, these somewhat painful cr’s could turn out to be a blessing in disguise given they negate an early partner taking a big slice. Scott is a visionary and he will be vindicated, as will those of us who stick fat….early on @Davy Boy was talking about us eventually becoming a power company with dividends and despite what most here hate to admit, it ain’t often (if at all) he’s been wrong.
 
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