23rd June 2021 Zimbabwe Mining Investment Conference Discussion

It has come to my attention over the last few weeks IVZ has gain enormous interest not seen before. The future of IVZ is really heating up.

To assist newbies to the thread, IVZ
threads have very intelligent and supporting lifetime holders with numerous year in the financial markets trading. This speaks volumes of IVZ future. To name a few only @onthepunt, @Davy Boy, @Portiss, @ammie, @barneydigs, @jakspara, @SugeKnight, @Maigret1, @taylorstjames. I surelly missed many people but these are just traders i am familiar with over the years trading.

A repost for the new investors, lets understand what the PSA signing means that might be signed at the 23rd June mining conference.

IVZ Market capitalization simple resource calculation and assumptions for these new investors. Note, my interpretation of what PSA signing means to derisking IVZ to close its undervalued market capitalization on re rates seen by Recon of +2,000% with a similar resource.



Mzarabani Prospect is the largest undrilled conventional oil and gas prospect onshore Africa.

Only verified resources used in calculations: 8.2Tcf + 247 million barrels of conventional gas-condensate1 (~1.6 billion boe) independently verified.

One BOE is roughly equivalent to 5,800 cubic feet of natural gas or 58 CCF or 5.8 MCF.

1,600,000,000 x 5,800 = 9.28Tcf natural gas resource
1 Trillion Cubic Feet to Barrels Of Oil = 178107606679.04

For our estimated natural gas resource value we can use Btu, 1 MMBtu is equal to 1 million BTU (British Thermal Unit). Natural gas is measured in MMBtu's. 1 MMBtu = 28.263682 m3 of natural gas at defined temperature and pressure. 1 standard cubic foot of natural gas yields ≈ 1030 BTU (between 1010 BTU and 1070 BTU, depending on quality, when burned).

Thus, as 1 Trillion British Thermal Units is equivalent to 1.035 Billion cubic feet of natural gas converted.

= (8.2Tcf / 1,000,000,000) / 1.035 = 7,923 x 1,000 = 7,923,000 MMBtu's

Natural gas price assumption-
Moving average at $2.57 USD.

= 7,923,000 MMBtu's x $2.57 = $20.3 Billion

So PSA gives government 40% (assumed) of total of $20.3 billion. Given new "open for business" structure and removal of 51/49 wording in foreign investment legislation.

Leaves geo-associates $12.18 billion.

Assume 30% (assumed) farm in dilution leaving $8.52 billion. Or assume 40% leaving $7.30 billion.

Our share (80% of the JV in geo-associates) = $6.81 B. ($5.84 billion at 40% farmin).

Note: Excluding 1. independently verified 247 millions of conventional gas condensate. 2. Preemptive additional natural gas discoveries 3. Black gold discovery.

Future share price prediction; The Moon. Dyor to what PSA means to the IVZ share price to be an early accumulator in a $90 million market capitalization company holding a potential +$6,000,000,000 resource heading into Seismic.