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Originally posted by Nozza8:
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I disagree; the PPSA isn't just a formality. It's a major regulatory hurdle that could fundamentally affect the project's estimated value. I recall reading several articles earlier this year suggesting that the Zimbabwean government could end up with 60% of the output or revenue once production begins. If this percentage increases, it could significantly impact earnings and overall profitability. There's no doubt that signing the PPSA will substantially de-risk Invictus and we could see a significant re-rating as risk-averse investors jump back in. However, my point is that it is far more than just a formality.
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Do some research Nozza.
Originally posted by Nozza8:
↑
I disagree; the PPSA isn't just a formality. It's a major regulatory hurdle that could fundamentally affect the project's estimated value. I recall reading several articles earlier this year suggesting that the Zimbabwean government could end up with 60% of the output or revenue once production begins. If this percentage increases, it could significantly impact earnings and overall profitability. There's no doubt that signing the PPSA will substantially de-risk Invictus and we could see a significant re-rating as risk-averse investors jump back in. However, my point is that it is far more than just a formality.
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