IVZ
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1.25% 8.1¢ invictus energy ltd

Recon Africa Vs IVZ, page-36

  1. Botley
    139 Posts.
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    24/06/21
    09:23
    Post #: 54033208
    Going alone would cost a heck of a lot more than $30 million for drilling 2 holes. With the SP very low 100's of millions of new shares would have to be issued. This would dilute the SP considerably.
    A conundrum! What would drive the SP lower? Issuing millions of new shares or a farm-in.
    IVZ Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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