The best legitimate way to make money out of the basin is to...

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KernelSanders

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31/05/24

12:46

Post #: 74102400
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Originally posted by Polyh: ↑

Hey mukwati,
I don't normally respond to personal attacks, but here is my response;

Firstly, I am sorry you seem to be in a loss situation with IVZ - looking at your past posts
"I regret the day I loaded at 0.23"

Myself and most other shareholders are also in a loss situation, so we understand your frustration, although I have taken some early profits, so my IVZ score is not too bad.

I am a sceptic and contrarian regarding ZANU-PF Zimbabwe, and I have personal experience with the greedy, corrupt, kleptomanic ZANU-PF regime.

I knew the honey-pot of oil/gas in the Zambezi Valley would be too tempting for ZANU-PF - they cannot help themselves and it was inevitable they would try and grab a lion's share for themselves - even at the expense of cheap energy and windfalls for the normal people of Zimbabwe.

My mistake was thinking ZANU-PF would hold off until IVZ had done the hard yards proving and commercializing the find.
My strategy was to sell early and take my profits before they made their predictable asset-stealing move.

Sadly ZANU-PF have proved to be so stupid and greedy and they just cannot wait, so here they are making their move by stalingrading on the PPSA, even before IVZ have done the proving flow test.

So my strategy has failed, but at least I hope my realistic contrarian posts have given non-knowledgeable investors a reality check about Zimbabwe, and prevented some losses.

I don't know what lies ahead, but at this stage it looks like some sort of IVZ doom spiral ever downwards. Maybe this is what ZANU-PF wants.

Of course, ZANU-PF may come to their senses and realize they are killing the golden goose before it has laid any eggs, and allow IVZ to make some gains by tossing them the PPSA, biding their time to make their move.

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The best legitimate way to make money out of the basin is to invest in IVZ.

As we saw with the PEDPA. I'm sure we will see a run up to the PPSA being announced.

IVZ Price at posting: 6.5¢ Sentiment: Buy Disclosure: Held
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Last 7.8¢		Change 0.000(0.00%)		Mkt cap ! $110.5M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
4	21461	7.8¢

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Price($)	Vol.	No.
7.2¢	62214	10

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No.	Vol.	Price($)
4	21461	0.078
1	160000	0.077
4	85858	0.076
2	107000	0.074
3	262000	0.073

Price($)	Vol.	No.
0.072	62214	10
0.075	1117	1
0.076	260110	2
0.077	895238	3
0.078	165709	2

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