If the Chinese get involved with IVZ then I'm out. They...

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10/12/23

10:45

Post #: 71368312
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Originally posted by VatreniHR ↑

Standard Bank are certainly a possibility but I think the more likely outcome is the Chinese getting involved. They've earmarked an enormous $2.8bn USD to addressing the Zimbabwean energy crisis. It's the Chinese with considerable investments in Zimbabwean industry and infrastructure that are witnessing their return on investment dwindle due to blackouts and limited electricity supply.

Invictus would only require a fraction of that $2.8bn and Scott's vision for rapid production would align with Chinese interests.

Prior to the Invictus discovery, China's state owned Energy Corp was in the planning stage for $1bn USD investment in floating solar panels on Zimbabwe's Kariba dam. Not only would this be extremely unsightly but it provides poor return on investment. Typically in the West, gas to power plants cost approximately $600-700m for 500MW, whereas for the Chinese, its considerably less.

I cannot see where Tatanga Energy would source that degree of funding when to date, most of their funding has been through the United Nation's SCAF program.

I'd be surprised if the Chinese haven't made contact with Scott yet or are in the process of doing so. The solution to all their energy problems in Zimbabwe is in the Cabora Bassa.

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Originally posted by VatreniHR ↑

Standard Bank are certainly a possibility but I think the more likely outcome is the Chinese getting involved. They've earmarked an enormous $2.8bn USD to addressing the Zimbabwean energy crisis. It's the Chinese with considerable investments in Zimbabwean industry and infrastructure that are witnessing their return on investment dwindle due to blackouts and limited electricity supply.

Invictus would only require a fraction of that $2.8bn and Scott's vision for rapid production would align with Chinese interests.

Prior to the Invictus discovery, China's state owned Energy Corp was in the planning stage for $1bn USD investment in floating solar panels on Zimbabwe's Kariba dam. Not only would this be extremely unsightly but it provides poor return on investment. Typically in the West, gas to power plants cost approximately $600-700m for 500MW, whereas for the Chinese, its considerably less.

I cannot see where Tatanga Energy would source that degree of funding when to date, most of their funding has been through the United Nation's SCAF program.

I'd be surprised if the Chinese haven't made contact with Scott yet or are in the process of doing so. The solution to all their energy problems in Zimbabwe is in the Cabora Bassa.

Expand

If the Chinese get involved with IVZ then I'm out. They gradually try to take over the whole operation with their "special negotiations" with the country's politicians. They want ALL the pie ! I've been caught twice with SDL & LLL

IVZ Price at posting: 20.5¢ Sentiment: Hold Disclosure: Held
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