The new Energy minister, who just happens to be from the constituency that our exploration license overlaps, was sworn in yesterday (seated next to the Zimbabwean President)
From what I’ve read the last minister was potentially undermining the President and his plan to get Zimbabwe moving in the right direction.
Map of the constituency’s
Number 81 is the new energy ministers electorate. Then we look at the IVZ license.....
Quite clearly some overlap here and surely a man who would want to see the development of his own region. Some may say coincidence but it’s highly unlikely that out of all the ministers available, Soda Zhemu from Muzarabani got picked by chance.
Hopefully this appointment will help get things moving rather quickly, remember we already have a local board with business man Joe Mutizwa reporting directly to the president through our Zimbabwean subsidiary.
In my view the Production Sharing Agreement is just a matter of time now, then farm out after that, all the ducks seem to be lining up.
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