IVZ 1.49% 6.8¢ invictus energy ltd

Ann: Mukuyu-2 sidetrack drilling successfully commenced, page-127

  1. 16,223 Posts.
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    I think they have a lot more cash this time than Mk1.
    For starters there was a heap of stuff left over from Mk1 and they raised 50 million.
    I have been thinking about it and I reckon the financial position would be heaps better than end of Mk1.
    Mk1 + ST took ~ 100 days.
    We are at ~ 67 days from spud in Mk2 another 2 weeks will be ~ 20 days shorter than Mk1+st.
 
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