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7.1¢ invictus energy ltd

60% is pretty standard globally for a PSA. What some are missing...

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jakspara

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14/04/24

18:07

Post #: 73338356
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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.

I suspect the 35 pension funds behind Mangwana Capital will need to see the PPSA completed before we see any investment from private equity.

I was still buying last week, but I think I've hit my threshold until I see some meaningful progress from the company to take this project going forward, been a minute since we've had any news.

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60% is pretty standard globally for a PSA. What some are missing though it is NOT “60% of output or revenue”, it is after costs. There’s different ways this can be structured but essentially it’s a profit split.

IVZ Price at posting: 8.1¢ Sentiment: Buy Disclosure: Held
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Last 7.1¢		Change 0.000(0.00%)		Mkt cap ! $100.6M

Open	High	Low	Value	Volume
7.1¢	7.1¢	7.1¢	$10.31K	145.2K

Buyers (Bids)

No.	Vol.	Price($)
2	473399	7.1¢

Sellers (Offers)

Price($)	Vol.	No.
7.2¢	285483	5

View Market Depth

No.	Vol.	Price($)
3	519999	0.071
14	528970	0.070
4	81000	0.068
3	358237	0.067
5	187600	0.066

Price($)	Vol.	No.
0.072	285483	5
0.075	69475	2
0.076	380000	1
0.077	299298	2
0.078	26537	2

Last trade - 10.08am 02/05/2024 (20 minute delay)


Last 7.1¢			Change 0.000 ( 1.43 %)
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