IVZ 1.49% 6.8¢ invictus energy ltd

Thanks mate, let me ask you another question, if they sidetrack,...

  1. 1,251 Posts.
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    Thanks mate, let me ask you another question, if they sidetrack,
    • get a sample to surface,
    • declare a discovery.
    • share net pay, permeability, porosity
    • hydrocarbon type (gas, light oil, condensate etc)

    if conditions hold, they would try to run 7 " liner and suspend till flow test next year. The share price will re-rate on the above and we would be able to raise at a higher SP with lesser dilution, the above will also open up the flood gates to farm-in partners, signing of the PSA by Zimbabwe govt so I believe the company is trying to go down this route compared to what you have suggested.

    Lets hope it pays off

 
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