Part of a portfolio. One stock of which I've held over 3 years.
Sold and bought according to how i see its future vs progress develop.
All signs to me indicate this is a contrarians dream. Have been further accumulating whilst the tide of optimism has been well and truly out.
The latest presentation speaks volumes as to where this project is positioned. Personally I'm looking beyond the PPSA. Zimbabwe is a country Scott is proudly tied to and all its ground work to date have been very much tied in with seeing this as a win win for both country and shareholders. It's board is staffed with Zimbabweanians. Scott is a clever chap. The dominoes are set to fall in favour of this project proceeding. The African presentation is a clear mandate for which IVZ stands in many ways. Very clear for all and sundry including government to see.
If it were compared to a game of chess, the I'd say its been manoeuvred to a position in which Zimbabwe's government has no real move to play other than accept OR hold up and cause financial delay/uncertainty. Anythings possible, but Scott is/has been very astute in his dealings to date.
Personally am both confident and patient. Sub 10 cents is a great buy any day of the week. Stand byvthus being 50 plus by Q4
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