Zimbabwe Govt in Exile, SG 4571 EIA and US, China

Hi IVZ Holders,

I would like your thoughts as looked more into this stock last weekend as becoming somewhat concerned. Refer to link below; do you think this will have an impact on the Environmental Impact Assessment (EIA) of SG 4571.

https://newzwire.live/invictus-energy-partner-expects-drilling-in-2020-to-confirm-resource/

“they’re close to Mana Pools National Park – a World Heritage Site – and the Zambezi River, potentially sparking objections from environmental groups”. With this in mind, will they be able to get approval to drill?

The Zimbabwe African People’s Union (Zapu), intends to establish a government in exile as an alternative to the current Zanu-PF-led government. See link below.

https://www.msn.com/en-xl/africa/zimbabwe/zimbabwe-opposition-party-zapu-to-establish-government-in-exile/ar-AAFmpb2

Zimbabwe was under a dictatorship by the Mugabe regime and he drove the country into the ground over a 37 year period. A coup occurred in 2017 and former vice president at the time was Emmerson Mnangagwa. He became president as a result of the coup when ran for re-election as the ZANU-PF candidate.

ZANU-PF has been the ruling party since independence in 1980. The Zimbabwe people seem to stating under his leadership, the country is worse off than before with increased levels of starvation, worst ever hunger crisis, severe drought, constant power outages for most of the day / night and hyperinflation going through the roof again. The statistics agency in Zimbabwe will not publish annualised inflation numbers now until February 2020 due to rising unrest over skyrocketing costs and goods shortages. To ordinary Zimbabweans the move was merely an attempt to conceal what is likely to be a massive jump in prices over the next six months. Annualised inflation in Zimbabwe surged to 175.66% in June, up from 97.85% in May.

Zimbabwe in June outlawed the use of foreign currencies in domestic transactions and made the new Zimbabwe dollar – “Zollar or Zimdollar” the sole legal tender in the country.

Lastly, the trade fight between the US and China is getting worse. A game of cat and mouse going on with both countries. Goldman Sachs no longer expects a trade deal before the US 2020 election. If this does occur, stocks will most likely get hammered! All the uncertainty potentially leading to a global recession, the chances of getting a farm-in are highly unlikely. I remember back in the GFC exploration and development in O&G game came to a screaming holt. Just like most other commodities. The US and China are far from signing a final trade deal, which means the trade war is likely to continue well into the future.