IVZ 1.49% 6.8¢ invictus energy ltd

We just invested - Extra Exposure to Elephant Energy ExplorerOur...

  1. 4 Posts.

    ni-02original_0.png

    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”.

    zimbabwe.original.png

    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:

    1. 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!
    2. The tweet is false, and IVZ resumes trading as normal.

    Either way, we will be watching when IVZ opens again…


 
watchlist Created with Sketch. Add IVZ (ASX) to my watchlist
(20min delay)
Last
6.8¢
Change
0.001(1.49%)
Mkt cap ! $96.41M
Open High Low Value Volume
6.7¢ 6.9¢ 6.7¢ $34.82K 512.0K

Buyers (Bids)

No. Vol. Price($)
2 150899 6.8¢
 

Sellers (Offers)

Price($) Vol. No.
6.9¢ 131225 1
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
IVZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.