IVZ 4.00% 7.2¢ invictus energy ltd

Forward to the Farm In, page-27

  1. 9,022 Posts.
    lightbulb Created with Sketch. 3870
    Well was just a question really.

    But this was from the announcement quoted

    https://hotcopper.com.au/data/attachments/1629/1629568-34dddb1d4cfb31aa36fa4562d653a5ae.jpg

    They did all of the first 3 bullet points by 1 day after end of H1 and commenced formal farmout at the same time. So I guess you could argue they slipped if that was read as farmout would be completed H1.

    If the process only takes a few months though given the strength of informal approaches they have is that a big miss in your opinion? (true question to gauge sentiment)

    I didn't expect farmout to be done already. O&G is a slow business. I guess it just comes down to expectations.
 
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