IVZ 1.45% 6.8¢ invictus energy ltd

They haven't explicitly said that they have ordered the long...

  1. 10,806 Posts.
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    They haven't explicitly said that they have ordered the long lead items. However, the funds from the last placement were for:
    • Mukuyu-2 flow testing, appraisal drilling and well test design studies
    • Reservoir engineering studies and early-stage development concepts
    • Progressing early gas-to-power monetisation opportunities for Mukuyu-2
    • Conducting 3D seismic survey over Mukuyu Gas Field
    • Purchase of long leads for shallow exploration wells targeting the Eastern Margin andBasin Margin plays
    • General working capital

    I expect that long lead items would be underway but could easily be wrong.
 
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