IVZ 1.61% 6.3¢ invictus energy ltd

Ann: IVZ launches Entitlement Offer, page-170

  1. 50 Posts.
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    Roch2077 in my last post I was careful to state what the compay put in their prospectus so the source would be 100% clear.

    Please state teh specific soure of your costs estimates below so that the audience can assess how accurate they are.

    "cost 30-35 million just to stand around and prepare for 3D"

    “flow test” ... "another 30-35 million"

    "preparation of a further target to be drilled so they need another 30-35 million"

    "10 million for flow, 6 million for 3D"

    "funding from the banks for a further 20-30 million for 2 more wells "

    Are they plus/minus 50%?

 
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