IVZ 1.72% 5.9¢ invictus energy ltd

JRI IVZ Fireside Chat - March 26, page-605

  1. 2,746 Posts.
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    IMO with its being made abundantly clear that JV is now the path forward, the fight for shares is getting back to an ASX level of smoke and mirrors. Fake sells and the like are simply part of life and if anything a positive.

    Scott was visible in his discontent during the JRI at SI behaviour...prior to that we had an announcement of Mangwana Capitals task of achieving strategic investment/JV.

    'Mangwana Capital engaged to lead strategic investment from Zimbabwean institutional investors'

    The writing is on the wall and as clear to those not investing in the panic. This is big. This is frontier. This is an energy deprived, land locked region. The fight for shares is/has been underway as CRs are no longer Scotts/IVZs means of distributing the wealth this project WILL deliver. We know the below from Mk2...let alone what Mk1 presented. See below. The fight for shares will be strategic and hard fought.

    'Additional Mukuyu-2 downhole sample analysis confirms rich gas-condensate discovery and light oil charge presence'

    The compositional analysis confirms high quality natural gas containing minimal impurities (less than 2% CO2 and nil H2S) which will require minimal processing to prepare for sale to customers.Condensate gas ratios (CGR) are estimated between 10-25 barrels per million standard cubic foot (bbl/MMscf) of gas across the Mukuyu-2 samples with a lab estimated condensate API gravity of 50-60° (Figure 1).

 
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