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7.0¢ invictus energy ltd

Ann: Gas Sales Agreement to Deliver Power to Eureka Gold Mine, page-276

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JRPelchat

42 Posts.

25

08/05/24

18:43

Post #: 73732316
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Originally posted by Grfe4: ↑

With reference to the above discusion regarding anticipated Government take at 55-60%, can someone please confirm that I have the correct estimate as follows.....

Initially IVZ has 80% ownership. Ownership will reduce to 70% or 72% for a success case.

If the PPSA Government take is 60%, would that leave IVZ with 40% of the license or 40% of 72% = 28.8%?

Thanks

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Doesn't GEO Associates get a big cut too?

IVZ Price at posting: 7.0¢ Sentiment: Hold Disclosure: Held
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Last 7.0¢		Change 0.000(0.00%)		Mkt cap ! $106.1M

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