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7.4¢ invictus energy ltd

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onthepunt

5,224 Posts.

2494

19/12/21

09:03

Post #: 58392053
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Originally posted by Davy Boy ↑

JV agreement has nothing to do with the PSA.
All parties that have a WI [ the JV parties ] will have to pay their share based on a sliding scale, my assumption from reading other PSA agreements.
I have posted here several time a link to resource contracts where Mozambique have a PSA with Total that anyone can read.
My point is if the gov get greedy IVZ do NOT have to sign it they will so I take it that IVZ believe its in line with international/regional norms.

IF the seismic comes in a 10TCF we won't need to pump anything.
I will be too busy getting suitably shitefaced on some roof top bar in Melbourne at the expense of OTP and The Dark Lord.
To be honest my biggest concern is not getting to 50c its gettin out of Melbourne......

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PSAs already in operation in the region:

Country and Estimated Govt. Take of Profits/Product
South Africa 40%
Namibia 50%
Malawi 50%
Zambia 53%

We will be benchmarked against these so expect similar.

IVZ Price at posting: 11.5¢ Sentiment: Hold Disclosure: Held
12 Upvote

1 Great analysis

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(20min delay)
Last 7.4¢		Change 0.003(4.23%)		Mkt cap ! $112.2M

Open	High	Low	Value	Volume
7.2¢	7.4¢	7.1¢	$132.4K	1.830M

Buyers (Bids)

No.	Vol.	Price($)
1	150000	7.2¢

Sellers (Offers)

Price($)	Vol.	No.
7.4¢	239133	2

View Market Depth

No.	Vol.	Price($)
1	7700	0.071
3	159345	0.070
2	86992	0.069
2	109100	0.068
5	378731	0.067

Price($)	Vol.	No.
0.075	203333	2
0.078	115267	1
0.080	74368	2
0.084	25000	1
0.085	25000	1

Last trade - 16.10pm 27/09/2024 (20 minute delay)

IVZ (ASX) Chart