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1.33%

7.4¢ invictus energy ltd

Ann: $15m raised to fund Well Test & Cabora Bassa Operations, page-385

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Greenocean

2,876 Posts.

505

29/12/23

17:29

Post #: 71661219
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Originally posted by Glish: ↑

Why is everyone hung up on the PPSA? SM himself said the terms that they have are extremely favourable with the current arrangement. Has anyone specifically stated that without it there will be no JV or is this more speculation.
IVZ have THE most important document signed which is the PEPDA which is IVZ’s main security.
I’d be interested to be pointed to the document that says No PPSA = No JV or no Farm in.
i think other posters view of no commercial discovery is the most likely.

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Would you invest millions of dollars with no written agreement of terms in place of what percentage of production are going to be yours to keep, and what percentage of production is going to be taken from you?

IVZ Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 7.4¢		Change -0.001(1.33%)		Mkt cap ! $112.2M

Open	High	Low	Value	Volume
7.4¢	7.6¢	7.2¢	$62.75K	846.7K

Buyers (Bids)

No.	Vol.	Price($)
2	119539	7.4¢

Sellers (Offers)

Price($)	Vol.	No.
7.5¢	50000	1

View Market Depth

No.	Vol.	Price($)
2	119539	0.074
1	100000	0.073
1	13888	0.072
3	89050	0.071
4	383942	0.070

Price($)	Vol.	No.
0.075	50000	1
0.077	110600	2
0.078	115267	1
0.080	94368	4
0.081	14336	1

Last trade - 16.10pm 03/10/2024 (20 minute delay)

IVZ (ASX) Chart