Ann: Invictus Energy - Excellent 2D Seismic dataset received, page-36

Fwiw. I was one of the people who entered around 16c. I only wanted to hold about $3000-5000 worth.

This SPP has allowed me to flip that amount at roughly 11.75c and pick up options exercisable at about $3000.

This should allow me to significantly derisk to the point where I can completely free carry into drilling even if the share price stays around 12c.

For me and my personal risk appetite, this SPP feels like all upside with no downside. That said, the risk was really that the share price tanked below 10c before shares were issued and that is behind us now.