IVZ 3.08% 6.3¢ invictus energy ltd

Ann: Strategic Investment & Production Sharing Agreement Update, page-220

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  1. 1,462 Posts.
    lightbulb Created with Sketch. 804
    Sorry to disagree with you on that.
    Yes the rig is warm stacked and we will drill deeper and run the liners down and get MK2 to production status and flow test to:
    1) Quantify the Volume and daily offtake.
    2) Start producing and monetizing the offtake and generating revenue.
    3) Producing for development of Eureka Mine Generation and SAPP Generation. From what I have been told is that Zim Commerce are demanding stabilized power as quick as possible due conventional power generation has become extremely unreliable and blackouts happening all the time.

    The question is how quick can we get a farm-in partner and Rig onsite within this drilling timeframe, and where the next drilling will be, and will it be dependent upon seasonal climatic conditions for the site located?
 
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