IVZ
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2.67% 7.7¢ invictus energy ltd

Ann: Gas Sales Agreement to Deliver Power to Eureka Gold Mine, page-270

  1. Grfe4
    713 Posts.
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    08/05/24
    08:40
    Post #: 73716504
    With reference to the above discusion regarding anticipated Government take at 55-60%, can someone please confirm that I have the correct estimate as follows.....

    Initially IVZ has 80% ownership. Ownership will reduce to 70% or 72% for a success case.

    If the PPSA Government take is 60%, would that leave IVZ with 40% of the license or 40% of 72% = 28.8%?

    Thanks

    IVZ Price at posting: 6.8¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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