IVZ 1.49% 6.8¢ invictus energy ltd

Cautious Optimist, page-5

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    What’s been stated is if these two wells prove the existence of a significant oil and gas field then a further US$65 mill (a total of US$90 mill) would be raised and spent to find out exactly how big the system is. We will be drilling for another 1-2 years if that’s the case, unless we are bought out prior.
 
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