IVZ 4.76% 6.0¢ invictus energy ltd

Ann: Mukuyu-2 Drilling Update, page-350

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  1. 1,337 Posts.
    lightbulb Created with Sketch. 654
    Why would CR participants sell out of their tranche 2 shares post announcement of a major gas discovery? The free carry trade doesn't really make sense at that point and energy stocks a better place at the moment vs. other industry sectors.

    Also I think a farm-in deal is very much on the cards post M2 and quite a few of us intend to hang around for that...
    Last edited by SkyRain: 21/10/23
 
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