IVZ 3.08% 6.3¢ invictus energy ltd

IVZ Share Price, page-1253

  1. 2,586 Posts.
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    Should IVZ focus only on the original drill program.?

    All understand the difficulties, dealing with a third world African nation embedded with corruption.

    Trying to negotiate a new leasing arrangement on additional land, this close to drilling may be fraught with hazard.

    The ZIm government decide when they move on the lease, in between uncertainty once again interferes with the drilling program.

    There are farm in arrangements / negotiations, dependent on seismic data to be released. PSA deals to sign off (understand not necessary) and a decision on where to drill the second well.

    Why not drill only one well for the moment, or drill two at Muz.?

    I'm sure Scott Macmillan is doing an exceptional job.

    As some have suggested this has become a juggling act. Just hope it isn't turning into a circus act.

    Hopefully I'm wrong and a positive update on a farm in partner with seismic data is released, after a deal is done on the new land soon.

    But, as we know hope has no place in the market.

    Cheers

 
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