IVG 0.00% 4.5¢ invictus gold limited

is anyone following invictus ?, page-5

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    Hi all,

    came across IVG last month when looking at Impact Minerals (IPT) and have decided to do some research.

    According to Nab Online, there are 20 million shares on issue (total class security) and 8 million options on issue, strike price of 25c in Novemeber 2015.

    When I look at the March Quarterly, there are 36 million shares on issue.

    What am i missing here?

    Thanks in advance.
 
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Currently unlisted public company.

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