IVZ invictus energy ltd

Despite the negativ press about Zim, obviously...

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    Despite the negativ press about Zim, obviously investors/countries/companies are still keen on doing business in Zim's ressource sector. Imo the question is not if, but with whom and when this monster will be drilled.

    Russian money for platinum mines
    https://www.thezimbabwemail.com/business/zimbabwe-set-to-become-global-platinum-game-changer/

    Chinese coal-JV starts mining
    https://steelguru.com/coal/jingan-jv-chilota-collieries-starts-operations-in-hwange-zimbabwe/559289

    British gold miner Caledonian with very good q-results and some positive remarks about an improved operating environment in Zim

    https://www.globenewswire.com/news-release/2020/05/12/2031627/0/en/Caledonia-Mining-Corporation-Plc-Results-for-the-Quarter-ended-March-31-2020.html

    “In parallel with the improved financial and operating performance, I am also pleased to report an improved operating environment in Zimbabwe. Although the country continues to face challenges, the introduction of the interbank rate early in 2019 allows us to better protect our workers from the effects of high inflation. The interruptions to the supply of electricity from the grid which we experienced last year have largely been addressed following the conclusion of an agreement whereby Blanket (and other gold producers) purchases power which is imported into Zimbabwe. This power is cheaper than under the previous arrangement and Blanket can manage the reduced incidence of power interruptions using its increased suite of diesel generators. We are also well-advanced in the evaluation of a solar project to provide some of Blanket’s power supply and reduce its dependence on imported power during daylight hours.
 
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