IVZ 2.86% 6.8¢ invictus energy ltd

IVZ $4-$5 price target, page-106

  1. 3,841 Posts.
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    Yes lots of coal usage in South Africa no doubt versus the rest of Africa. IVZ could be a solution although from what I understand the South African government prefers local supply but it could end up supply v demand if they move strongly away from coal which has started with some coal power plants to be converted to gas to power. Only KKO with scale locally there involved with a project with 4.9tcf contingent resource but yet to release any reserves but pending. Coincidentally they hit coal seam gas and were up 50% today at one stage.

    Coal Output/Consumption - Africa - tonnes

    South Africa 202,298,474,200 - tonnes
    Zimbabwe 3,388,555,286
    Botswana 1,356,943,610
    Kenya 537,358,860
    Tanzania 327,860,928
    Nigeria 193,329,582
    Zambia 183,692,986
    Benin 87,775,843
    Malawi 85,915,364
    DR Congo 12,538,033
    Mozambique 12,125,410
    Namibia 5,523,724
    Ghana 17,099

 
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