Not a nice day for shareholders.But it's worth to have a look at...

Not a nice day for shareholders.

But it's worth to have a look at the big picture.

Marketcap at 14.5c approx 130 Amn$
That's identical to the marketcap Invictus had in April 2022 at 19.5c when this investor presentation was announcend

Announcement (stocknessmonster.com)

And now compare what IVZ achieved from a fundamental perspective since April 2022
- Prospective Ressource Increase
- License extensions
- Carbon Offset projects
- Even our current cash position is probably higher...
- The team gained a lot of important experience
- And most important: “We have a proven hydrocarbon system in the Cabora Bassa Basin as evidenced from significantly
elevated gas shows and fluorescence during drilling and confirmed the presence of rich source
rock, seal, reservoir, trap and timing"

When Invictus was a Buy in April 2022, it's even more a Buy after todays SP drop. It's still a high risk investment, but it's much more derisked now.

Now would be the time to reward the loyalty of the shareholders. A SPP on attractive terms and accepting oversubscriptions, I'm pretty sure the cash for a 2nd and a simple 3rd well would be received. But probably this is wishful thinking...