IVZ 2.82% 7.3¢ invictus energy ltd

Ann: Trading Halt, page-652

  1. 16,488 Posts.
    lightbulb Created with Sketch. 3920
    They had 35+ million in the bank so the funds were not last minute....BUT I said it was a stupid time to raise myself.
    Point is your statement is 100% wrong those funds were not required with in days and wouldn't have been required if the well had held up.
    I'm not sure what your point is for the tagged post.
    They clearly need cash to continue after the side track was called that was plainly obvious.
    FWIW when you posted that I wrote a post that I deleted saying I didn't think 25 million would be enough. I still don't IF we are to drill another well outside SG 4571 next year.
    25 million will get us 3D, flow test and deepened MK2 but that is where it ends IMO.

 
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