IVZ 1.25% 7.9¢ invictus energy ltd

Ann: Securities Placement Capacity Update, page-85

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    Comparing quarterly exploration costs to 2022 MK1 drilling campaign

    In Q2 2022 they spent 7 million
    Q3 2022 they spent 10 million
    Q4 2022 they spent 16.5 million

    So that's why I'm even more curious about the 12 million they've spent in Q2 2023 as the mobilisation costs of Q2 2022 would have been more expensive then what they've just undertaken
 
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