IVZ 3.90% 7.4¢ invictus energy ltd

Ann: Quarterly Report & Cashflow, page-41

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  1. 1,740 Posts.
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    I was hoping we’d flow test with the cash raised before the farm in/out so that we get some decent terms if the flow test is as good as potentially expected. If we’re negotiating the farm in/out prior to the flow test we surely can’t expect anything decent because of the potential risk. If we raise the 15m surely that’s enough to deepen and flow? Like you said, the risk would be if it doesn’t flow then we’re stuffed lol.
 
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