IVZ 1.61% 6.1¢ invictus energy ltd

Ann: Gas Sales Agreement to Deliver Power to Eureka Gold Mine, page-38

  1. 42 Posts.
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    Zimbabwean mines are in dire need of affordable energy to achieve full capacity. Should the MOU be implemented and succeed for Dallagio, it could lead to larger entities, especially the major Lithium processing facilities and the colossal Manhize Steel plant, following suit. Tsingshan's operation in Manhize will require 500 MW for its Phase 4, which aims to produce five million tonnes of Carbon Steel. Zisco Steel is also expected back online with a million tonnes of Carbon steel per annum.
    From this point, I foresee exponential growth for Invictus in terms of Gas sales.
 
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