IVZ 1.61% 6.3¢ invictus energy ltd

Agree to a point, however if and it seems to be a big if at the...

  1. 1,032 Posts.
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    Agree to a point, however if and it seems to be a big if at the moment, the elusive PPSA is signed and a funding option is subsequently announced, (I firmly believe it is all lined up and will be signed off almost immediately after PPSA is signed) - 3D commences immediately, and a date is set for flow testing, which will hopefully coincide with the completion of 3D, then we could quite easily be hitting 20c, as this baby will turn north very quickly once the ducks line up. A successful flow test and six inch drill uncovering the goodies that the LA appears to possess and today's share price will be a distant memory.

    Not sure in this scenario if the EOFY selling will have as big an effect?

    If the PPSA is not signed and we are still in this Mexican stand off then I am afraid we could well see the sp below 5c.
 
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