IVZ 3.70% 5.6¢ invictus energy ltd

.good read, thanks. Perhaps overstates GeoAssociates’ role, but...

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    .good read, thanks. Perhaps overstates GeoAssociates’ role, but having a local partner is key. In many countries, such partner is a silent one, and just collects money for being a foreign company’s “partner.” A cost of doing business. Mr Chimbozda sounds like more, though, and a very sharp dude.
    i found this statement from him of note, and know many here would share his sentiment: “But we take the blame for not crafting our statement properly [note: the initial announcement of hydrocarbons, which did not excite the market]. Unfortunately, the statements are made by our partners Invictus who are sitting out of Perth in Australia. So they have certain templates they use to address their shareholders.”
 
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