IVZ invictus energy ltd

Ann: $15m raised to fund Well Test & Cabora Bassa Operations, page-399

  1. 5,863 Posts.
    lightbulb Created with Sketch. 1163
    Thanks. Thought it stood for personal property security act (was involved with the ppsr "register" in AU in a past contract). Seems so obvious now. The tax holiday and then extremely low 15% rate is impressive! Never heard of anything so generous. In Senegal they had royalties on top of taxes which meant giving up over 50% of your profit after paying off your development costs. 15% is a sweet deal.
    Last edited by Mr.Hustler: 30/12/23
 
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