IVZ 4.23% 7.4¢ invictus energy ltd

Ann: Africa Energy Summit Presentation, page-257

  1. 1,130 Posts.
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    I wouldn’t be surprised thought if IVZ does fill the shortfall. This could be the last ability to raise money for a long while if alternative funding comes in.

    while they may raise at a premium, it is their only real opportunity to get a very decent bite of holding. Zimbabwe investment firms may be interested

    that being said, it is at a significant premium to the current share price so they may see it as a bad deal. Given the severity of the issue over there, the obvious plans for development it may inspire them to fill the shortfall

    better to fill the boots at 13c when the next raise may be 18 months off and at 60c?
 
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