IVZ 1.25% 8.1¢ invictus energy ltd

When and how much will the second capital raising?, page-8

  1. 3,911 Posts.
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    I disagree. We are talking about the future of our company and no one has any idea of the details the seismic will show, nor the increase in resource estimate.
    There is no way an $80 million dollar company has 10, 11, 12 ... 15, 20 tcf priced in. Nor is modern, detailed seismic, clearly showing hydrocarbon producing source rock, reservoir rock, intact traps and 5 plus levels of targets priced in.

    It is the detail that we await ... not just a general thumbs up from Scott
 
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