IVZ
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4.05% 7.7¢ invictus energy ltd

IVZ Share Price, page-12924

  1. Johnychev
    45 Posts.
    lightbulb Created with Sketch. 16
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    18/06/23
    08:34
    Post #: 68343487
    Agreed that the Zim govt and people deserve their share. Presumably govt were happy with a 50/50 profit split when they signed the agreement in Aug 2022, and this was with IVZ fully funding and running the program. For Zim govt this was 50% free carried. Now they want 70/30 ???. This does NOT bode well. Spells sovereign risk. What assurance is there that the PPSA (supposedly agreed and ready for signing for a long time now) and also EL agreements cannot also be "amended" in the future. Cheers to all.
    IVZ Price at posting: 10.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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