Because diesel is way easier to import in a landlocked country than CNG. Yet if they had a CNG source 50k down the road this is where IVZ comes into play ? I even said its the most believable MOU I've seen so far actually.
I just dont' believe they'll be able to power the mine by supplying to the grid due to the blackout nature of zimbabwe that doesn't have a 24 hours base load electricity supply and a smal; cale pilot project will not fix this.
Ann: Gas Sales Agreement to Deliver Power to Eureka Gold Mine, page-84
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Last
5.9¢ |
Change
-0.001(1.67%) |
Mkt cap ! $85.07M | |||
| Open | High | Low | Value | Volume |
| 6.0¢ | 6.2¢ | 5.9¢ | $93.07K | 1.537M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 179816 | 5.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 80000 | 1 |
View Market Depth
| Last trade - 14.27pm 06/06/2024 (20 minute delay) ? |
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Last
5.9¢ |
Change
-0.001 ( 1.67 %) |
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| Open | High | Low | Volume | ||
| 6.1¢ | 6.2¢ | 5.9¢ | 931564 | ||
| Last updated 14.52pm 06/06/2024 ? | |||||
| IVZ (ASX) Chart |