Ann: Fluid sample analysis confirms rich gas-condensate discovery, page-222

First 222 Last

Share
Profile

Follow
MorbidFury

1,230 Posts.

374

05/03/24

15:48

Post #: 72754496
Share

Originally posted by ozblue: ↑

Not expecting any real price movement until next news after the retail offer closes. I applied not only for my entitlement, but a few more as well, just treated it like a $30k SPP.

I've already put my reasons why it is worth more to shareholders to buy from the company than to buy a bit cheaper on market, no need to rehash arguments...
Entitlement closes tomorrow for those interested.
Noticed Next Investors also took up entitlement, well done.
It will be very interesting what the directors took up. If it was minimum only, then expect poor market reaction. If they took up a lot, then probably great for SP going forward.
We obviously need a deep pocketed cornerstone investor/institution interested in this project.

There is no doubt we have a valuable resource in the ground in our Cabora Bassa basin with a huge land holding and now positive proof of gas and condensate. The company needs money and/or partners to maximise gains over the longer term.
Zimbabwe govt need to get off their ar$e and sign PPSA. Their stalling on this is costing the Zimbabwean people by delaying the time taken with this project. What helps Zimbabwean people is development now, in the short term, not projects dragging out over a long period of time because the government can't make up their mind (or whatever the excuse is).

The exact reason why the SP is cheap is because it's a risky venture, with a company under capitalised for the size of the project we have taken on. Drilling and development are expensive operations. The investment world is not convinced Zimbabwe is a safe place to invest, but should Scott and the BOD manage to steer a course through these hard times, then there will be huge rewards for shareholders over the longer term.
Making large sums comes from investing in risky ventures that end up working out. Sure plenty fail along the way. However it's looking increasingly like we have a many multi billion dollar resource of gas and condensate, which is meant to be the hardest part.

Fantastic resources are becoming much harder to find, the geologists have found nearly all of the large easy to access resources which is why Woodside are developing the Browse basin which is in over 2,000 ft deep water with a 900km undersea pipeline back to processing facilities. If this is worth spending $20B on then it tells me a lot about the value of the entire Cabora Bassa basin holding of Invictus and how undervalued we really are in the larger picture of 'resources'...

Expand

I have taken my full and more. Nothing would be more bullish than all the directors of IVZ not only taking their full entitlement but also more. Hopefully we will find out day after tomorrow with the change in Director's notice.

IVZ Price at posting: 11.0¢ Sentiment: Hold Disclosure: Held
18 Upvote

0 Great analysis

Reply

Top Stories

SRX

Worker dies at Sierra Rutile mine

CC9

The USA's dominance requires a domestic lithium supply chain. Chariot stands to benefit

Chris Judd's Talk Ya Book: Tracking Life360 on a journey to the stars

AL8

From the Floor question: "What is the focus of AL8 and how is management going to attract shareholders to the registry?" | Alderan Resources

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

There are more pages in this discussion • 80 more messages in this thread...

First 222 Last

Add IVZ (ASX) to my watchlist

(20min delay)
Last 6.8¢		Change 0.004(6.25%)		Mkt cap ! $96.41M

Open	High	Low	Value	Volume
6.3¢	7.0¢	6.0¢	$284.2K	4.311M

Buyers (Bids)

No.	Vol.	Price($)
1	20000	6.7¢

Sellers (Offers)

Price($)	Vol.	No.
6.8¢	188382	2

View Market Depth

No.	Vol.	Price($)
1	20000	0.067
3	210000	0.066
5	680330	0.065
3	201172	0.064
1	61055	0.063

Price($)	Vol.	No.
0.068	188382	2
0.069	350527	2
0.070	350000	1
0.071	9945	1
0.072	200000	1

Last trade - 13.43pm 19/06/2024 (20 minute delay)

IVZ (ASX) Chart

Ann: Fluid sample analysis confirms rich gas-condensate discovery, page-222

Worker dies at Sierra Rutile mine

The USA's dominance requires a domestic lithium supply chain. Chariot stands to benefit

Chris Judd's Talk Ya Book: Tracking Life360 on a journey to the stars

From the Floor question: "What is the focus of AL8 and how is management going to attract shareholders to the registry?" | Alderan Resources

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Fluid sample analysis confirms rich gas-condensate discovery, page-222

Top Stories

Worker dies at Sierra Rutile mine

The USA's dominance requires a domestic lithium supply chain. Chariot stands to benefit

Chris Judd's Talk Ya Book: Tracking Life360 on a journey to the stars

From the Floor question: "What is the focus of AL8 and how is management going to attract shareholders to the registry?" | Alderan Resources

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News