IVZ 1.61% 6.3¢ invictus energy ltd

Hi All,For those interested, just Posting my notes from the...

  1. 329 Posts.
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    Hi All,

    For those interested, just Posting my notes from the AGM.

    Key points for me were:
    1. Redundancy that has been built into getting samples to surface - very comprehensive pre sampling mitigation QC, probe options and Sidetrack option.

    2. Next well to be immediately post Mukuyu-2 flow test & if flow test is satisfactory then a Mukuyu-2 follow up well as part of an early pilot production project.

    3. IMO, disappointed with possible length of time before a Resource update - just an internal IVZ one would be enough - otherwise see Market and shareholders having little idea of how to value Mukuyu.

    4. SM sees Mukuyu as a strategic resource for the region - obviously showing his confidence in it being a success - seem to be plenty of African based entities ready to financially support the project - as you would expect with these people fully understanding its value for the region - hopefully this may also translate into buying of IVZ's stock in the region!

    GLTAH
    Cheers
    VOGC

    https://hotcopper.com.au/data/attachments/5689/5689476-f452d275694b136a7e23f02e1a50604d.jpg


    https://hotcopper.com.au/data/attachments/5689/5689478-65c2557a90fe431fcd9f239c2f58a258.jpg
 
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