IVZ Share Price, page-22369

Market has probably moved back to the "where is the PPSA" mode and who is going to fund the flow test and drill deepening (IVZ have only earmarked 6million USD raised for this activity as per the ZImbabwe prospectus which I believe is still probably no where near enough to complete it)

Another 4 million cash will be burned end of September with an idle rig.

Another interesting point from the prospectus is that it mentions Exhalo need 45 days notice for the rig to be remobilised with staff to drill again

They also won't get the full 10million USD until the 30th August and staged as below

Settlement of remaining balance of placement as follows:
1. tranche 1b USD$5m on or before 16 August 2024 - 75,757,576 shares
2. tranche 2 USD$3.5m on or before 30 August 2024 - 52,990,152 shares
3. Unlisted options 37,878,788 issued on a 1-for-4 attaching basis via EGM approval