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.
- Forums
- ASX - By Stock
- IVZ Share Price
I disagree; the PPSA isn't just a formality. It's a major...
- There are more pages in this discussion • 1,189 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IVZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.8¢ |
Change
-0.002(2.86%) |
Mkt cap ! $96.41M |
Open | High | Low | Value | Volume |
7.0¢ | 7.0¢ | 6.7¢ | $209.3K | 3.083M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 763774 | 6.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.9¢ | 60000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 763774 | 0.068 |
7 | 436344 | 0.067 |
7 | 279109 | 0.066 |
4 | 188907 | 0.065 |
3 | 448890 | 0.064 |
Price($) | Vol. | No. |
---|---|---|
0.069 | 60000 | 2 |
0.070 | 142943 | 2 |
0.071 | 20000 | 1 |
0.072 | 6453 | 1 |
0.073 | 100000 | 1 |
Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
|
|||||
Last
6.8¢ |
  |
Change
-0.002 ( 1.45 %) |
|||
Open | High | Low | Volume | ||
6.8¢ | 6.9¢ | 6.7¢ | 1662523 | ||
Last updated 15.58pm 24/05/2024 ? |
Featured News
IVZ (ASX) Chart |