Ironically, the higher Invictus share price at the moment, the more the company is worth. This is because the higher the price, the more likely Invictus will go it alone or farm out less and it is so under valued. Invictus should go it alone. If it needs to raise more cash, it should offer it to Zimbabweans and shareholders. The more Zimbabweans invested the lower the sovereign risk, which looks relatively low at the moment, especially compared to PEP11 in Australia for BUY/BPH.
Ann: Invictus Energy Shareholder Briefing, page-327
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