IVZ 0.00% 7.4¢ invictus energy ltd

Forward to the Farm In

  1. 910 Posts.
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    With SP lower channel resistance signaling the end of the "sell off", seems we are overdue for a more positive forward looking thread.

    As one of the biggest, independent prospective gas resources in the world, we are no doubt on the radar of the big boys of O&G. We also have strong support from the mining Ministry and the reforming Government in Zimbabwe - they clearly know the development of extensive hydrocarbon resources would be a game changer for their abused and battered economy.

    Management is presenting their data to the industry and financiers to accelerate this exceptional prospect. Clearly the choice of farm in partner will be the big issue on IVC's plate going forward.

    There is great scope for further drilling to indicate and confirm a resource even larger than reported a few days ago.

    IVC already has identified some eager customers to drive an early revenue stream. A huge resource like this in the slightly longer term potentially also will justify the infrastructure to bring output to market in South Africa, and even for shipping overseas.

    IVC is tightly held, with a currently modest MC, and is in an exceptional position to bring in a global leading O&G partner to participate in developing the potential world-class resource in Zimbabwe.

    We have such a lot to look forward to....
    Last edited by Hedg: 05/07/19
 
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