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6.3¢ invictus energy ltd

IVZ media thread, page-6734

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Vinny99

206 Posts.

52

06/06/24

17:48

Post #: 74200426
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Originally posted by jakspara: ↑

A voluntary suspension would be an odd move just for the PPSA. I’m still hopeful the company will forge ahead with Mukuyu while we await the government, otherwise why have we been paying Exalo for the last 6 months, surely they aren’t that lacking in foresight? If we were going to go into a complete standstill with Mukuyu, IMO, we would have seen 3D seismic campaign started, they can acquire the data as it’s going to take at least 12 months until we see some results from it anyway. It’s possible PPSA is more a hindrance to funding/partnering for the new leases and we’ll continue to develop Mukuyu on our own ie. the hold up is on funding/partnering for the new leases, not Mukuyu.

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I think the company thought they would have the PPSA done and dusted by now based on Robin's comments a few months ago that it could be done within weeks and financing would follow soon after. Agree, we could get the 3D done but do we have enough money to do that & flow test & everything else at Mukuyu without another CR? Don't we only have about $8m in cash atm? Without anyone taking up the shortfall offer don't see how.

IVZ Price at posting: 5.8¢ Sentiment: Buy Disclosure: Held
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Last 6.3¢		Change -0.002(3.08%)		Mkt cap ! $95.53M

Open	High	Low	Value	Volume
6.5¢	6.5¢	6.3¢	$53.57K	849.1K

Buyers (Bids)

No.	Vol.	Price($)
2	489560	6.3¢

Sellers (Offers)

Price($)	Vol.	No.
6.4¢	22000	1

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No.	Vol.	Price($)
2	489560	0.063
4	495616	0.062
4	708099	0.061
5	615000	0.060
4	288991	0.059

Price($)	Vol.	No.
0.064	22000	1
0.065	11700	1
0.067	39888	1
0.068	102728	3
0.069	305000	2

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