IVZ 3.70% 5.6¢ invictus energy ltd

Ann: $15m raised to fund Well Test & Cabora Bassa Operations, page-174

  1. 6,386 Posts.
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    This is bad because as dpooh suggests, the "rainy season" is coming up,
    "December, January, February and March" (source: https://www.expertafrica.com/zimbabwe/weather-and-climate#:~:text=In%20Zimbabwe%2C%20the%20rains%20come,the%20lower%2Dlying%20western%20ones.)

    If near-future share price catalysts were likely to increase the price further for less dilution, they likely would have raised further and further into the future. Therefore, the share price is likely to take a hit for quite some time.

    Unfortunately, even though people like Roch2077 suggested: 1. seismic, 2. net pay upgrades, 3. samples released, 4. more partnerships (unsubstantiated) [source: 71625393] I doubt these will raise the share price significantly, if at all.
 
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