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2.74%

7.1¢ invictus energy ltd

Hope you are right because that's the best outcome.

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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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Hope you are right because that's the best outcome.

IVZ Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 7.1¢		Change -0.002(2.74%)		Mkt cap ! $107.6M

Open	High	Low	Value	Volume
7.1¢	7.2¢	7.1¢	$52.01K	731.3K

Buyers (Bids)

No.	Vol.	Price($)
1	14019	7.1¢

Sellers (Offers)

Price($)	Vol.	No.
7.3¢	1136012	7

View Market Depth

No.	Vol.	Price($)
1	14019	0.071
6	549889	0.070
3	164893	0.069
3	234705	0.068
2	163700	0.067

Price($)	Vol.	No.
0.073	1136012	7
0.074	852617	5
0.075	1012937	8
0.076	850000	5
0.077	900000	3

Last trade - 15.59pm 09/09/2024 (20 minute delay)

IVZ (ASX) Chart