IVZ 0.00% 8.0¢ invictus energy ltd

Ann: Trading Halt, page-99

  1. 10,189 Posts.
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    If you had a discovery done and delayed and know that the data and resource size is one of the largest globally why would you farm out and lose a significant amount of the project now at this low ball price when you got the backing from investors fully funded and keep all the of the project to ourselves and announce the discovery, appraise the well and raise a crap ton of money when company is heading north of a billion dollars. PLS have done it, santos did it, CXO did it and the list continues. Our project is de risked and 1-2 months away from the discovery putting multiples on the share price

    Come Tuesday I’ll take those freebies at 12.5-13 cents because it’s just going to keep rerating over the course of the period ahead. But could also run heavily as well now we are fully funded. We are now fully funded nothing is stopping the share price growth potential anymore on any risks of funding that investors have questioned the past few weeks.
    Last edited by Roch2077: 02/06/23
 
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