IVZ 2.86% 6.8¢ invictus energy ltd

Update on discussion with Scott, page-62

  1. 616 Posts.
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    @Davy Boy I couldn't get the reply button to work correctly.

    SM didn't make any reference to production in that email.

    He was addressing the misconception that the lack of a PPSA was an impediment to project progress specifically at the drilling and farm stage?

    Although, he alluded to the potential difficulty in securing a farm in partner without a PPSA.

    We can agree to disagree here, with the Zim govt announcement of a shift to the PSA system, I'll hold my position that the PPSA is indeed needed for production and any profit/ revenue talks to happen. Pretty sure no one wants a repeat of the Carbon project drama between the Zim govt and the other company to surface here. However, the govt will make it (PPSA) happen when they are ready.

    Sample PSA from Law Insider:
    https://hotcopper.com.au/data/attachments/5457/5457957-56a4cbe2f11009f989034551f2102b58.jpg
    Last edited by Kotlass: 26/07/23
 
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