IVZ 5.80% 6.5¢ invictus energy ltd

Ann: Rig 202 Contract Extended 2 years for future Cabora Bass, page-135

  1. 2,026 Posts.
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    I hate to say it but I think management have been a bit careless with investors money so far with MK2. the fact that we're sidetracking this hole shows it imo. sure, if we're Mobil or Total, fine. but we're waiting for a discovery as a minor. Feel that management have got carried away hunting elephants as it's mostly investors money burning to pay for this (we all don't have millions of shares) and have forgotten the pain of mk1. Appreciate SM is the largest holder but reward might be blinding him to risk and limited options left for this hole. just trying to voice my concern as a shareholder which is the side that I'm on.
 
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