Ann: Invictus Energy Maiden Prospective Resource, page-21

Completely agree here.


Having done some research previously I came across the Zimbabwean ministry of mines mineral potential from January this year

http://www.mines.gov.zw/sites/default/files/Downloads/Zimbabwe Mineral Pontential Booklet.pdf





And then came across the estimate for natural gas




8TCF is what they have put in an official document, however after seeing today’s 3.9TCF from one target I believe we could be looking at much more than 8TCF


Anything 1TCF plus should put an NPV of around $500 million id assume so we should be well and truly into the billions here


Also the fact that we have 80% ownership of such a large target gives us great leverage to get a farm in partner to pay for the wells and keep a large percentage of ownership


Also factor in the cash burn for this company has been minimal to date, and going forward looks to be as well. Great work from the team!