Good news for the energy sector. I hope all parties benefit from this news especially the marginalized communities. Well done Invictus, well done Zimbabwe 🇿🇼
@@elijahmukokota7293 Invictus have 80% Geo associates which appears to be mostly, if not all Zim owned has 20% the Sovereign Wealth Fund has a further 10% which will come from Invictus on final investment decision. On top of that when the Zim government finally get around to passing the PPSA this will set out the terms for production, which will likely see the government get 50-60% of produced hydrocarbons in either physical stock or profit. What the government decide to do with all this is another matter entirely of course. But to say it's an Australian company going 90/10 is incorrect, there's plenty for Zimbabwe here, it'll be a silver bullet for the economy assuming the government invest their proceeds wisely in developing further infrastructure and industry in the country.