IVZ 5.06% 8.3¢ invictus energy ltd

Ann: Mukuyu recognised 2nd largest Sub-Saharan Africa discovery, page-256

  1. 10,189 Posts.
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    Funny thing is Kiwi ran into STX without considering the fact they are burning 70 million dollars a quarter and have 66 million dollars in the bank with 40 million dollars debt. With the current two wells and construction continuing they are going to raise another 100 million dollars. Kiwi is picking up the swing to dump at 28 cents from 23 cents for the quick 30 percent profit and then return after rights issue is complete with more shares in IVZ lol so he posts the trade his doing thinking he effects the fundamentals

    STX are raising capital and STX will fall further with a significantly smaller resource deposit compared to IVZ and STX 4 wells only 1 of them operates meaning piss all production
    Last edited by Roch2077: 22/02/24
 
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