IVZ 1.56% 6.5¢ invictus energy ltd

Sovereign Wealth Fund of Zimbabwe (Mutapa Investment Fund, page-45

  1. 2,974 Posts.
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    RS,

    You stated:

    "The company probably shouldn’t spend another cent until the PSA is inked. They should’ve never even spud MK1 without it. It’s rule #1 of frontier resource exploration in developing countries"

    If that was the case, IVZ would not have made the discoveries and proven the project........ How would they negotiate anything, they would have just lost the lease......... Now, it is all over the World Media and we certainly have strength in our negotiations.

    Unfortunately, many are now just playing with the SP trying to get in...... I am sure, there is much going on behind the scenes.


 
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