IVZ 5.75% 9.2¢ invictus energy ltd

Ann: Invictus Energy Entitlement Rights Offer Opens, page-436

  1. 10,189 Posts.
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    why does it need announcements? IVZ just discovered 1.3TCF resource and about to become 4-5TCF when they drill deeper and increase net pay numbers. That alone puts this north of a billion dollars and that’s not including the open basin discovery where the resource discovery is a 20plus TCF resource and now de risked

    Shouldn’t be at a 100 million dollar EV and investors waiting for rights to be issued and then buying up for a free run up on 35 million in cash is a joke and should never be happening
 
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