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7.2¢ invictus energy ltd

Ann: Gas Sales MOU Signed for 500MW Gas to Power Project, page-285

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Frank7717

624 Posts.

190

21/12/23

01:28

Post #: 71558940
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Originally posted by Hardrush: ↑

Typically gas producers pay much of the pipeline infrastructure to market/refiners or in JV with industrial gas distributors. Av cost of US gas pipeline construction in 2015-16 around $7.65 million/mile ($4.75 million/km). Doubt that Zimbabwe costs would be lower than this and materials have virtually doubled over the past 9 years. How does that relate to IVZ ... I held CTP for almost 15 years on the basis of many finds of O & G that mostly were uneconomic in scale or relied upon expensive infrastructure that compromised financial viability - not always but enough times. I do hope that IVZ can maximise its discoveries but have serious concerns on bringing the potential to production. Oil you can store in tanks & road tankers whereas gas requires more complicated infrastructure to maximise the resource. Just saying IVZ still has a lot of project workings to do before the party can get serious.
I did hold IVZ earlier this year and now just monitoring the situation.
Best for 2024 GLTAHs

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I would think the Govt of Zimbabwe is going to pick a lot/most of the infrastructure costs.

IVZ Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
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Last 7.2¢		Change 0.001(1.41%)		Mkt cap ! $109.1M

Open	High	Low	Value	Volume
7.0¢	7.2¢	6.9¢	$132.2K	1.903M

Buyers (Bids)

No.	Vol.	Price($)
1	39904	6.9¢

Sellers (Offers)

Price($)	Vol.	No.
7.2¢	272761	2

View Market Depth

No.	Vol.	Price($)
1	39904	0.069
10	693819	0.068
4	297984	0.067
4	275151	0.066
10	1008869	0.065

Price($)	Vol.	No.
0.072	272761	2
0.073	672501	5
0.074	1134171	6
0.075	1258979	3
0.076	1067581	3

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IVZ (ASX) Chart