IVZ 7.58% 7.1¢ invictus energy ltd

For those fretting about the governments royalty share. Scott...

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    For those fretting about the governments royalty share. Scott anecdotes in the recent interview that at today's prices in the Zimbabwean gas market, a 500bcf recoverable resource would generate $5,000,000,000 over a 20 year life. Which is still $100,000,000 p.a less AISC In the case of a 50% government PSA.
    Seems pretty derisked to me, especially considering holding tenure over the entire basin in the event well 1 isnt an immediate success. Fingers crossed the geology is correct and well one flows and flows hard. GLTAH
 
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