I have to agree with this I posted it on another thread but am reposting here to add to the discussion.
I have a good feeling that the PSA will be signed during this coming mining conference (3-5 June).
With the amount of publicity surrounding the event, the government will want to make a dramatic statement and a PSA signing will be the cherry on the top. There will be substantial claims made for the future of mining in Zimbabwe as the country moves into the next chapter of their economic development (mines minister already mentioned revoking dormant licenses). The government will want to accomplish something physical from the event rather than mere verbal discussions... Something to get Zimbabwe's people instantly excited about than just lingering hopes of what will come in the future. Most political conferences follow a similar structure.The signing would also tie in with the timeline that has been previously discussed namely surrounding the directors performance shares expiring at the end of June... PSA -> Farm in agreement -> Directors Performance shares
Oil and Gas is one of the discussion points... and the President will be in attendance. A similar event was made for the PEDPA signing and this conference provides significant exposure for the signing (Invictus PEDPA Signing Ceremony).
Love the cheeky golf tournament at the end. Can picture Scott being a Tom Brady on the clubs
Another reason I have confidence is the recent appointment of Joe Mutizwa to Invictus' board. Whilst I believe this was a decision made by Invictus, I am also lead to believe that it was likely encouraged/asked/demanded by Zimbabwe's government. By having Joe on the board of Invictus he will have direct involvement in the daily operations of the company, making sure Invictus isn't doing anything shifty or cutting corners (not that Invictus would do so anyway). He has a direct line of communication to the President through the Presidential Advisory Board... and will keep Mnangagwa up to date with all that's occurring. For something this significant to the country they of course would want to have an inside man making sure things are tracking well... and who better than one of the most influential businessmen in the country. The government will want to have someone in place before the signing of the PSA rather than after. Once this document is signed the project is practically full-steam ahead.
With all this being said it seems like these are the last few days to accumulate IVZ shares before it explodes.
Happy accumulating friends!
- Forums
- ASX - By Stock
- IVZ
- Summary of Invictus Energy
Summary of Invictus Energy, page-95
-
- There are more pages in this discussion • 103 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IVZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $106.1M |
Open | High | Low | Value | Volume |
7.1¢ | 7.2¢ | 6.9¢ | $74.39K | 1.062M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 113702 | 6.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.0¢ | 106523 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 82463 | 0.069 |
5 | 250000 | 0.068 |
5 | 314984 | 0.067 |
3 | 454117 | 0.066 |
10 | 922560 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 106523 | 1 |
0.073 | 112490 | 1 |
0.074 | 606171 | 3 |
0.075 | 943787 | 3 |
0.076 | 1187581 | 4 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
IVZ (ASX) Chart |