Invictus 03/25 Fireside Chat: MD Scott Macmillan Explains Why Invictus’ Plans Remain on Track

Invictus - despite objective success in unlocking its Cabora Bassa basin - wallows near 52 week lows. MD Scott Macmillan joins me once again to try to reconcile what Invictus has accomplished with its current market valuations. Updates on financings (past, present, and future), the PPSA, flow testing and 2024 exploration all made it into this long, 2 hour chat. Scott's conviction remains firm that good things are coming soon for Invictus.

Time Stamps:

00:17 Disclaimer sand Intro

07:05 How the last few months have unfolded and the discrepancy between what Invictus had accomplished and the share price. Causes and consequences.

17:46 Overview of Financing Options

22:30 What lessons has Scott learned/preventative measures in place to protect against downward pressure that has been placed on the stock.

26:46 Predatory Financing Partners

33:00 PPSA and Sovereign Risk

39:53 Rights Offering and the Recently-Completed Financings and Insider Participation

46:35 Follow-up converstion on non-dilutive financing options

53:00 What are JVs and other partners waiting on before they sign on, and pilot project revenue options

1:01:00 PPSA Update

1:09:00 Will Invictus be releasing more data

1:18:00 Will it flow?

1:30:00 Will the lab data increase net pay? Conversation about M1 and M2 data.

1:37:00 3D Seismic Update

1:45:00 Current financial situation

1:52:30 Timeline of events moving forward

1:56:30 Pilot Plant Timeline

Disclaimer

The content found in the JuniorResourceInvesting podcast is for informational and entertainment purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. The information provided is accurate to the best of our knowledge, but we are not responsible for errors, omissions, or inaccuracies. We are not registered investment advisors. It is based on opinions, SEDAR filings, current events, press releases and interviews but is not infallible. It may contain errors and JuniorResourceInvesting offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on JuniorResourceInvesting or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Similarly, we have been compensated by the company we interviewed for this episode, which is also an obvious conflict of interest. JuniorResourceInvesting may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on JuniorResourceInvesting is to be used at your own risk. By following JuniorResourceInvesting, you agree to hold JuniorResourceInvesting, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. Rights to all images remain with original owner.