IVZ
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0.00% 7.0¢ invictus energy ltd

Ann: SPP Offer and Issue of SPP Prospectus, page-149

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  1. Davy Boy
    16,591 Posts.
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    11/01/22
    17:01
    Post #: 58782978
    Can you supply the evidence for that statement?
    The last 2 quarterlies I quoted the numbers from them directly.
    I don't know a company in the world that would not want a significant amount upfront to go to Zimbabwe.
    Buru did 1100 line km for ~$3 million Au in the Carnarvon basin which is ~ 2700 / km.
    2700x 850 line km = $2.3 million Au. Wages would be half if not less in Zimbabwe IMO.

    IVZ Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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