IVZ 3.33% 5.8¢ invictus energy ltd

Ann: Gas Sales Agreement to Deliver Power to Eureka Gold Mine, page-65

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    Deciphering the MOU

    Himoinsa wants the gas to power their remote backup generators which looks like they have a fair few Zimbabwe wide.

    They will also may contemplate setting up a small scale 18MW plant to connect 5km to the local grid if there is any excess gas leftover from the initial pilot to sell to the grid.

    I doubt they are here to build large scale infrastructure to power Zimbabwe this would require way more wells, more cash and larger scale infrastructure build.
 
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