IVZ 7.14% 7.5¢ invictus energy ltd

Ann: Half Yearly Report and Accounts, page-105

  1. 230 Posts.
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    Okay everyone, take a breath.

    I've been a holder for almost 5 years now. There was a point in time when IVZ was north of 40 cents on pure speculation.

    Now we have:

    • A discovery at the Mukuyu-2.
    • Preliminary lab assessment that indicates high-quality natural gas with minimal impurities, making it easier to process. We know the sample also contains helium and hydrogen, which are incredibly valuable gases. Still a lot to come from this.
    • They have now signed up private equity firm Mangwana Capital to lead negotiations with Zimbabwean institutional funds that are seeking to invest.
    • Yes, the discussion around PPSA has been going on for years, however, we have never had this much traction with the government before. This is get signed off this year if not sooner.

    This is still a significant opportunity. The down-rampers are out in force, some I've never seen here previously with hardly any posts, now announcing they are out. A lot of games are being play. DYYR but I am topping up and waiting.

    Best of luck.
 
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