IVZ 0.00% 7.0¢ invictus energy ltd

Ann: Mukuyu 1 & Sidetrack Well Results, Rig Secured for 12 months, page-376

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  1. 1,151 Posts.
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    Listen at 1.03 re his comment re timeframe.
    *Why do you say “paid for by farm in partner”? Boabab is fully funded not so?
    *Also re the rainy season, SM says Boabab is lower than Mukuyu and could potentially flood so Mukuyu 2 would be easier and at 1.02 he says “if I was a betting man I’d say Mukuyu 2”.
    *There was always going to be a CR or farm-in after Baobab but they have enough money to drill another well be it Baobab or Mukuyu 2 not so?
 
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