IVZ 4.84% 6.5¢ invictus energy ltd

Ann: Mukuyu-2 Appraisal Well & Phase 2 Exploration Program, page-113

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    Let's cross the fingers they can solve the PSA issue in the coming weeks. That's imo the key for attractive funding offers. Without PSA we're further dependent from lowball offers a la Cluff or 3rd-class placements a la PAC-Partners. No serious industrial partner will open its deep pockets without PSA and also no serious institutional investor (Mangwana is the only exception) - that's the lessons learned from the last years.

    If this issue is solved, I'll be on the buy side again.
 
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