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IVZ

1.61%

6.3¢ invictus energy ltd

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keshla1295

307 Posts.

135

11/01/22

16:30

Post #: 58782166
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Originally posted by Davy Boy: ↑

Stoker I posted above the fact that IVZ need ~ 19 million Au for the drill programme and we might have that already.
At the last quarterly we had 7.3 million, lets say =1.3 for spending = 6.
6 + 5.5 [ maybe 6 ] from this raise.
11.5 - 12
11.5 + Cluff share of back costs [ based on 33% funding and 12 + million USD quoted in the last presso ] ~ 6 million
= 17.5 - 18
There are about $10 million in options out there as well.
IF the sp goes to 20c say I have no doubt that a very large chunk of those options, especially these 14c options, to be converted, which there will be a minimum of 31.8 million up to 36.8 depending on the SPP raise.
These alone would raise ~ 4.5 to 5 million and I think there is ~ 6.5 million in 17c options from the last placement.
Even if 50% of the 14c options converted would see us with enough cash.
The reason I went the full amount was because of this.
The point is I doubt there will be another raise IMO.

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IVZ Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.3¢		Change 0.001(1.61%)		Mkt cap ! $95.53M

Open	High	Low	Value	Volume
6.1¢	6.5¢	6.1¢	$74.69K	1.193M

Buyers (Bids)

No.	Vol.	Price($)
4	242507	6.1¢

Sellers (Offers)

Price($)	Vol.	No.
6.5¢	15000	1

View Market Depth

No.	Vol.	Price($)
4	242507	0.061
8	775451	0.060
6	330940	0.059
6	421058	0.058
2	333157	0.057

Price($)	Vol.	No.
0.065	15000	1
0.066	122878	3
0.067	44775	1
0.068	100000	3
0.070	31648	2

Last trade - 15.53pm 15/11/2024 (20 minute delay)

IVZ (ASX) Chart

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