IVZ 4.23% 7.4¢ invictus energy ltd

Ann: Strategic Investment & Production Sharing Agreement Update, page-65

  1. 5,224 Posts.
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    "The Company will utilise Placement proceeds to progress the Cabora Bassa Project, including Mukuyu-2 flow test and early monetisation studies, purchase of long lead items for exploration wells and general working capital.
    The Company is nearing completion of the well test design study and contract negotiations for the provision of well services and equipment."

    Expect them to confirm the forward plan and lock in timeline very soon.

    And for all the dropkicks who said we would be raising at 3 cents, guess what? We're funded for this year and we still have 80% of this project. Cop that.
    Last edited by onthepunt: 29/07/24
 
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