Australia's largest stock trading and investment forum Australia's #1 stock forum

IVZ

Click for more information

0.00%

7.1¢ invictus energy ltd

Mate you keep saying that there's only a domestic market for gas...

First 22381 Last

Share
Profile

Follow
StnningBlckbrry

633 Posts.

428

06/08/24

20:11

Post #: 75098496
Share

Originally posted by Gharp: ↑

Its not really about the IVZ share price. Thing is the economics of the project is really domestic pricing and demand but needs to be funded by external parties as ZIm is too poor to do it itself.

So the pool of potential investors becomes less as the world becomes more risk adverse. I could see some external interest to power Zim miners but if mining around the world tanks as well then this will evaporate. Already some of the larger miners are mothballing their African projects so maybe sometimes timing is everything and inaction can cost a country

Expand

Mate you keep saying that there's only a domestic market for gas and it's just not true. The SAPP is closeby and any electricity produced can be sold through the SAPP (in USD) to South Africa which is becoming increasingly starved for gas. There have been like 5 articles on just that in the last week.

IVZ Price at posting: 7.9¢ Sentiment: Hold Disclosure: Held
15 Upvote

2 Great analysis

Reply

Top Stories

DEG

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

The winners & losers on market if negative gearing were gone

KAL

KalGold rolls out detailed aeromagnetic survey across Pinjin project

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

There are more pages in this discussion • 482 more messages in this thread...

First 22381 Last

Add IVZ (ASX) to my watchlist

(20min delay)
Last 7.1¢		Change 0.000(0.00%)		Mkt cap ! $107.6M

Open	High	Low	Value	Volume
7.2¢	7.2¢	7.1¢	$36.15K	506.0K

Buyers (Bids)

No.	Vol.	Price($)
4	98266	7.1¢

Sellers (Offers)

Price($)	Vol.	No.
7.2¢	514222	5

View Market Depth

No.	Vol.	Price($)
4	98266	0.071
4	167045	0.070
2	86992	0.069
4	149100	0.068
6	277731	0.067

Price($)	Vol.	No.
0.072	514222	5
0.073	572170	6
0.074	354688	5
0.075	203333	2
0.078	115267	1

Last trade - 13.55pm 27/09/2024 (20 minute delay)

IVZ (ASX) Chart