IVZ 1.43% 6.9¢ invictus energy ltd

Agree, it’s on all on the PSA now. Scott tweeted a video back in...

  1. 999 Posts.
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    Agree, it’s on all on the PSA now.


    Scott tweeted a video back in May of the minister of mines stating that advanced discussions in regards to the PSA were taking place. Surely it can’t be far now, it’s been three months of advanced negotiations. They always say the last 10% in negotiations takes the longest.


    I wouldn’t be surprised that the commercial discussions for the farm out are concluded and subject to the PSA now. Even though we can start ground work now, I don’t believe anyone would sign on the dotted line without the PSA guaranteeing them some sort of security and knowing what they are getting into.


    It would be good to see management use nextsmallcap.com as a promotional tool as soon as the farmout drops, EXR used them and now have a market cap of some $60mil, I think it’s rather good exposure to tell the story. Of course it’s managements call.


    Let’s get this PSA done and move onto the farm out in the next month or so, we have momentum so it would be good!
 
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