Internet search on sovereign risk describes a highly risky Zimbabwe environment. Reports including from the World Bank are contemporary. These comments do not correlate with companys own assessment of business / legal / social stability in the country. In absence of new reputable information Invictus is operating in highly distressed volatile deteriorating situation. Investors take extreme risk dealing with this situation. Current experience of companies in Philippines and New Guinea demonstrate the reality of sovereign risk for investors.
IVZ Price at posting:
5.5¢ Sentiment: None Disclosure: Not Held
