We just invested - Extra Exposure to Elephant Energy Explorer
Our 2020 Energy Pick of the YearInvictus Energy (ASX: IVZ) is chasing the largest, seismically defined, undrilled structure onshore Africa.
We first invested in IVZ in September 2020 at 4.9 cents. We maintain our full initial position and have just increased our holding at 11c in the placement.
We had today’s commentary about IVZ all written and ready to send, letting you know we have “Doubled Down”… business as usual.
But IVZ has just gone into an unexpected halt and we think we know why....
Check outthis tweetthat has been doing the rounds - showing the Zimbabwe President’s meeting schedule today... including to “preside over the Ceremony to sign the MoU between government and Invictus Energy”.
We have no idea if this info is credible or real, but we are pretty sure this is why IVZ has just gone into a trading halt…
So what happens next? One of two things:
- The tweet is true and the IVZ will have finally signed the long awaited Production Sharing Contract with the Zimbabwean government - a huge milestone and catalyst!
- The tweet is false, and IVZ resumes trading as normal.
Either way, we will be watching when IVZ opens again…
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Ann: Pause in Trading, page-28
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Last
7.0¢ |
Change
0.001(1.45%) |
Mkt cap ! $106.1M |
Open | High | Low | Value | Volume |
6.8¢ | 7.0¢ | 6.7¢ | $120.7K | 1.742M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 6.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.0¢ | 341028 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 0.069 |
3 | 362283 | 0.068 |
3 | 162045 | 0.067 |
3 | 162766 | 0.066 |
5 | 573935 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 341028 | 4 |
0.071 | 1064037 | 10 |
0.072 | 897000 | 7 |
0.073 | 1015999 | 5 |
0.074 | 42618 | 1 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
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LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
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