IVZ 8.47% 5.4¢ invictus energy ltd

IVZ Share Price, page-13266

  1. 112 Posts.
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    I found another article below, that talks about 20% for local investors, it doesn't sound correct.
    What's interesting to me is, right at the bottom they mention, [‘’The devil is in the details,’’ said South Pole's spokesperson, Nadia Kahkonen, explaining no concrete regulation had yet followed the announcement.]
    https://www.iol.co.za/business-report/economy/zimbabwes-carbon-credit-takeover-34842b19-8b24-4701-b6cb-85f32c0e0e9a

    Found another Reuters article, where they talk about 20% going to local communities, which sounds more correct.
    [The government now wants all carbon projects to be registered with authorities within the next two months.It will take 50% of all revenue from carbon projects, with foreign investors limited to 30% and the balance of 20% going to local communities, Zimbabwe's environment and climate minister Mangaliso Ndlovu said late on Monday.]
    https://www.reuters.com/world/africa/zimbabwe-regulate-carbon-credit-market-curb-greenwashing-2023-05-23/

    Suppose we have to wait for Scott to explain what is actually going on.

 
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