IVZ 1.27% 7.8¢ invictus energy ltd

May be a stupid question, but can we not take on a debt...

  1. 179 Posts.
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    May be a stupid question, but can we not take on a debt facility? Not sure how much additional cash we would need to drill MK2 but say we get a loan for 5M, surely that would be a better option than a farm in or CR now at these low prices.

    Then once a discovery is declared we can look at less dilutive long term financing options?

    I may be missing something but seems like a no brainer to me...
    Last edited by DigitalRoman: 23/03/23
 
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