If Zimbabwean government is to provide funding, what exactly do they need IVZ for?
Its certainly not a positive trajectory that we've gone from hoping for external funding from a mid tier oil and gas player to pleading with Zimbabwean instos to raise the outstanding $13.7m that wasn't filled in the entitlement offer.
I'm surprised no one has come forward yet, not even the Chinese who committed billions to solving Zimbabwe's energy deficit to ensure reliable power for their mining investments.
Scott is not a deity and therefore not faultless, he should be judged according to his performance. I found it extremely disappointing when he raged in the December 23 webinar when questioned about compartmentalisation of the reservoir - which seemed like legitimate concerns to me.
The conservative approach of... "we can't release any information, its intellectual property" is part of the reason the market lacks confidence and existing shareholders weren't willing to stump up more cash.
IVZ Price at posting:
7.9¢ Sentiment: Hold Disclosure: Held
