IVZ 1.61% 6.3¢ invictus energy ltd

JRI Fireside chat with Scott Macmillan Tues. Nov 28 @ 9:00 Perth/12:00 Sydney, page-18

  1. 87 Posts.
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    Is the company planning to farm-out to fund the flow test and subsequent drilling of MK3/basin margin prospect in 2024? If yes, does a farm-out agreement hinge on either obtaining a fluid sample or the signing of the PPSA?

    If the company is planning to sole fund the drilling activities next year, is there not a concern about raising equity if you are unable to obtain a fluid sample in MK2 which will subsequently cause significant dilution. If the MK2 sidetrack is unsuccessful, what is the company's plan to raise capital?
 
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