is anyone following invictus ?

Almost no activity around here.

This company has a very interesting prospectus and is valued currently at 50% of its IPO price of 20c from January this year.

With a mere 20m shares on issue, I wonder if it could have (at some point in the future) a cool run toward $2 as did Waratah Gold (now Waratah Resources).

I was in Waratah at one time but got out at a loss as it was so illiquid.
But it started to get interest and shot from 10c to 1.85 before doing a stock split. It too had only about 22.5m shares (more have been issued since).

Invictus could be a 10 or 20 bagger in the next 12 months.

I may get in when I can free up some funds, which I cannot right now.

Interested in other people's opinions.