IVZ 1.49% 6.8¢ invictus energy ltd

A lot of sense ammie from the point of view of managing capitals...

  1. 636 Posts.
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    A lot of sense ammie from the point of view of managing capitals to create shareholders value.
    Why not, spending money on something already very much de-risked and a much bigger price, rather than go looking for something smaller and riskier on the basin margins?
    Once appraised and producing there will be plenty of time and money to explore the basin margins many prospects...But as you say possibly Baobab has been already commited.

 
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