IVZ invictus energy ltd

Ann: Quarterly Report & Cashflow, page-8

  1. 5,538 Posts.
    lightbulb Created with Sketch. 3024
    $13.5m in the bank.
    Spending on staff costs and admin and corporate costs seems a bit high for 3 months - $435k and $1.02m

    Will that $13.5m cover the 3D and flow test? Assuming there hasn't already been any prepayment, and that rig costs are already covered, I expect we're good. Will need more for Musuma and ongoing costs. Farm in eventually otherwise we're raising on market again.
    Last edited by onthepunt: 24/01/25
 
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