IVZ invictus energy ltd

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Well who ever it is, I found this quote from the article...

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phantommack

327 Posts.

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01/08/24

14:29

Post #: 75027958
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Originally posted by StnningBlckbrry: ↑

I thought it might be a good idea for a thread dedicated to discussing potential farmout/JV partners as posts get lost in the weeds.
I think TotalEnergies is a strong possibility.
As a supermajor, they have the cash and they have invested heavily in sub-Saharan Africa. At the same time, France does not have the history/sanctions that the US does, which makes me think that one of the US supermajors is a low probability. Just today, France and Zimbabwe committed to deepening economic ties between the two countries (https://www.herald.co.zw/france-commits-to-deepening-economic-ties/)
2 days ago, TotalEnergies pulled out of a US$3 billion South African offshore gas project due to the costs of offshore development of the assets. The firm is only just restarting its US$20 billion LNG project in Mozambique after being mothballed for years due to insurgent attacks, and the economic/security viability of the projects is still up in the air. And TotalEnergies has made a number of acquisitions in Africa recently, including announcing yesterday the purchase of stakes in hydropower plants in Uganda, Rwanda and Malawi. (https://www.aa.com.tr/en/economy/totalenergies-expands-renewables-portfolio-with-hydropower-deals-across-africa/3289294)

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Well who ever it is, I found this quote from the article interesting. Timing just as everyone else converges there on Friday. Thanks for posting.

”We are about to have new French investors coming here to visit Zimbabwe and prospecting Zimbabwe’s opportunities,” he said.

IVZ Price at posting: 8.6¢ Sentiment: Buy Disclosure: Held
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Well who ever it is, I found this quote from the article...

'Sure to be busy': Advance's Yuquivo drilling gets off to top start with first-hole hits

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Well who ever it is, I found this quote from the article...

Top Stories

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ASX Ltd notches upward on sale of company meant to fix CHESS 3 years ago

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Gold, Brent Crude spike as Israel strikes Iran in worst-case scenario

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Week 24 Wrap: WW3 looms (again); US econ data tepid & silver surfing

Featured News

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