IVZ 2.67% 7.7¢ invictus energy ltd

Ann: Trading Halt, page-741

  1. 9,750 Posts.
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    “These carefully choreographed webinars, where the same 2 people get to ask questions

    I don’t think that’s the case at all mate, we’ve had different people asking questions on each occasion, there may have been one or two who have popped up over the last few webinars but that’s because they’re clearly taking an active interest in their investment. Scott has answered said questions on the spot, even the prickly ones.

    If he hadn’t been asked about the current financial position of the company, there would be no “alternative funding” meltdown on the HC boards. Perhaps there should be some onus on those asking the question, we know he can’t disclose this via a webinar. He was put on the spot and backed into a corner….he couldn’t state “we currently have $X” or “we have a CR planned in 3 days time” etc etc….he was simply being as diplomatic as possible under the circumstances, the “alternative funding” comment should now be seen for what it is, an Entitlement Offer….which we’ve never done and therefore fits the criteria of being “alternative”. More serious funding options open up once commercial flow rates are proven, that’s just how it works for junior explorers.

    This guy has worked this prospect up for the best part of a decade, he’s run this company on an oily rag, worn many hats with minimal staff and navigated us to a position any other frontier explorer can only dream of. I’m just as disappointed as everyone about where our current sp sits given what we’ve achieved but having been part of this story from the beginning and having communications with Scott over that time, I’m pretty gutted for him, knowing what he’s done to get us here and watching you lot sink the boot in now. Money really does bring out the worst of mankind…..
 
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