IVZ 1.49% 6.8¢ invictus energy ltd

Ann: Invictus Energy Total Prospective Resource Update 9.25 Tcf, page-28

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    Sovereign risk on this is mitigated by these factors:


    Amended Indigenization and Empowerment Act:
    • 100% foreign ownership of assets
    • Guarantee of investor rights
    • 100% remittance of earnings Special Economic Zones
    • 5 year tax holiday
    • 15% corporate tax rate thereafter
 
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