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7.0¢ invictus energy ltd

I should add that the electricity market is starved. IF we make...

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Davy Boy

16,493 Posts.

3924

19/04/21

08:46

Post #: 52554141
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Originally posted by Davy Boy: ↑

LiveEagle I would argue that the ground work Ivz have done via Pedpa is vastly more important to have in place before drilling than after.
Africa is littered with discoveries that can't find a way to market be cause of the locals or an obstinate land holder. The Pedpa has taken care of all that.
Ivz is in an extremely lucky position.
Locals onside.
Government onside.
2 x Mou, who are currently transporting their gas by rail, who are constrained by lack of energy.
I don't think you need any imagination to work out a local gas supply will be cheaper for them and massively profitable for Ivz.

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I should add that the electricity market is starved. IF we make a discovery I think electricity will be the first market after the Mou. No need to explain how profitable that will be.
They have all the runways in place, Pedpa, it's now time for the tower, seismic.....then liftoff, drilling.

IVZ Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
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