IVZ 2.94% 7.0¢ invictus energy ltd

Ann: IVZ launches Entitlement Offer, page-136

  1. 10,189 Posts.
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    Thanks genius

    Apparently it’s going to cost 30-35 million just to stand around and prepare for 3D hahahah you don’t own shares. Trolling is a word used for that post

    Secondly the said “flow test” they never said prepare or complete flow test so apparently they need another 30-35 million for that too

    Thirdly they said preparation of a further target to be drilled so they need another 30-35 million just to stand around and prepare

    Keep posting you’re a genius. 10 million for flow, 6 million for 3D and enough for a further drill. But by the time they commercially flow and appraise a multi TCF resource which is a given they would have signed off on their 3 billion dollar offtake agreement and funding from the banks for a further 20-30 million for 2 more wells would have been approved as STX did. Then 3D would come out and they would know every sweet spot in the Mukuyu basin and that’s where a farm in partner would enter the picture. The share price should never be here in the first place
 
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