IVZ 1.61% 6.3¢ invictus energy ltd

Ann: Invictus Energy Corporate & Operational Update, page-106

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  1. 731 Posts.
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    I tend to agree. If they are trying to put pressure on the govt to sign the PPSA it would make sense they don't lock in a service provider or a test time. Was always going to be late Q2 and going off their track record of hitting dates Q3 high likelihood.

    "A well test design study for Mukuyu-2 to define the optimal test parameters and the subsequent long lead equipment and mobilisation plan to determine the timing for theMukuyu-2 well test is in progress.In conjunction with the well test design work, the Company is currently evaluating services contract bids for the well testing and future exploration and appraisal drilling campaigns."

    Conserve limited capital until the PPSA is signed seems prudent.
    Last edited by Nergel: 13/03/24
 
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