IVZ
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2.67% 7.7¢ invictus energy ltd

Ann: Strategic Investment & Production Sharing Agreement Update, page-301

  1. barneydigs
    6,453 Posts.
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    09/08/24
    23:56
    Post #: 75149340
    so the swf has a back-in right of 10%. But this is at FID which is obviously post farm in. So does that 10% reduce ivz from what ever they are post farm in to that amount MINUS 10%? Or do all the partners post farm-in (ivz, one gas, farm in peeps) contribute a proportionate share of the 10%? I would think and hope the latter.
    IVZ Price at posting: 7.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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7.7¢ 		Change
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7.7¢ 328 1
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