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IVZ

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6.3¢ invictus energy ltd

Same thing happened before Mk1. Left raising the cash to last...

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Davy Boy

16,692 Posts.

4025

05/06/23

05:49

Post #: 68125480
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Originally posted by Auser: ↑

I still think we could see the PSA happen before drilling, just because we have self funded for MK2 doesn't preclude the PSA being finalised.

Yes it's possible Scott saw on the ground delays happening and decided to self fund but I think it's equally likely what he texted OTP is on the money, the demand was there from instos so if you're confident based on the data at hand surely it's better to just self fund, declare the discovery and revisit partnership talks from a better position?

Reality is we don't know what's happening with the PSA, the company has said it's essentially done with some finishing touches by lawyers. If that's not the case then we need a better answer as to why if it doesn't appear before we drill MK2

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Same thing happened before Mk1. Left raising the cash to last minute and had to hand out options 1 for 1 to get it done.
I am personally of the view we would have farmed out prior to Mk1 if ppsa was done.

IVZ Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
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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

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No.	Vol.	Price($)
4	242507	6.1¢

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Price($)	Vol.	No.
6.5¢	15000	1

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No.	Vol.	Price($)
3	225507	0.061
8	775451	0.060
5	321440	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)

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