IVZ 1.39% 7.3¢ invictus energy ltd

What I particularly like about this news is that as we all know...

  1. 1,103 Posts.
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    What I particularly like about this news is that as we all know - one of the hardest procedures in politics is getting motions/bills passed through parliament
    If this has been voted on and simply needs gazetting ie rubber stamping to make it official - well, we are simply waiting for the process to happen
    And that is why Scott can only say ‘Very soon’. Hopefully he has some intel as to when the gazette process will happen?
    If it hasn’t occurred since April, well, we may be very very close.

    Once the shackles are off and this baby is signed I believe there will be a raft of announcements almost immediately.
    Including but not in order;

    Funding arrangement/JV partner
    Almost immediate commencement of 3D seismic
    Erection of rig at MK2
    Six inch drill to determine total depth of LA
    Hopefully more samples to surface from LA
    Flow test
    Upgrade of resources from lab results
    Pilot production and monetisation of M2
    Future well plans released

    The mind boggles as to where we may be placed this time next year, if most of the above occur within the next 12 months?

    Exciting times coming.


 
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