IVZ 0.00% 8.0¢ invictus energy ltd

Ann: Mukuyu-2 wireline logging progress update, page-511

  1. 5,724 Posts.
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    Yes, it scars you for life. When PCL negotiated with Woodside for their current option to farm in I considered selling the lot. But, I think they learnt something from the FAR saga and I noticed there is a royalty option to be free carried to production, something FAR never had.

    IVZ does have the advantage of a much larger holding percentage which gives them the option to sell down for good $$$ and onshore development should be much cheaper also.
 
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