IVZ 8.47% 5.4¢ invictus energy ltd

JRI IVZ Fireside Chat - March 26, page-639

  1. 16,134 Posts.
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    I'm not hell bent on a farm in but the right partner, apart from $$, would validate what IVZ have.

    We need cash or we need to remove, for 2 years at least, the need to tap the market.
    A farm in would do that and lessen our expenses but we'd give away a fair bit of the farm.
    I suspect no one would ever be happy with any deal done atm. The CLA deal when mooted had a look through value that crunched the sp at the time from memory.
    Anyways something is going to have to give at some point and the sooner the better.
 
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