IVZ 1.49% 6.8¢ invictus energy ltd

Ann: Trading Halt, page-31

  1. 1,073 Posts.
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    IVZ CR.. at this stage I don't know the details, but surely it's not a CR to fully fund the drilling project, because the seismic has yet to be finalised and the second well yet to be determined

    Edit: details released:
    $3m @ $0.10 - 1:2 options
    SPP - $2m

    What a shame

    Any CR for whatever purpose should have waited for the final seismic processing results (if that was suppose to be a SP catalyst)

    I can't believe they're raising at a price less than what they raised at last time... that's a bit of a joke for shareholders (also weird though because they already have money and didn't think they needed more at this stage - I don't really think they do, so what's the point of this?)

    Scott's moves lately are questionable , and since this is not the actual CR for drilling, we can expect another bigger CR coming into the drill

 
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