IVZ 2.86% 6.8¢ invictus energy ltd

Ann: Additional gas discovery in Lower Angwa Mukuyu-2, page-671

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    Will only need to raise a small amount for flow test and 3D, possibly take some for drilling Baobab if the mix is right….or this could come later. With flow rates established and ntg/cgr upgraded from lab analysis….we’ll have deep pocket majors and end users climbing over each other to get to us with open cheque books. While we will need a small raise (or alternative), this is being blown way out of proportion and retail are currently being played by the BEOT…..like lambs to the slaughter.
 
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