IVZ 1.25% 8.1¢ invictus energy ltd

Ann: Farm in Option Agreement for a 2-well Campaign, page-83

  1. 2,438 Posts.
    lightbulb Created with Sketch. 321
    This the way I see this offer.
    There is a floor now, with any number of bids to come.
    Treat like an auction.
    The agreement is non binding.
    Need to raise approx $35m aud for 2 wells.
    Reducing risk always important.
 
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