📋 About: Invictus Energy Limited's (ASX:IVZ) owns 80% of the Cabora Bassa Project in northern Zimbabwe, a massive 9.25 trillion cubic feet (Tcf) of gas plus 294 million barrels of conventional gas/condensate (gross mean unrisked). This makes it potentially the largest, seismically defined, undrilled structure onshore Africa.

Invictus Energy Company Milestones

[Coming Soon]

Next Investors Investment Milestones

[Coming Soon]

”Expected Company Milestones” are based on the company's publicly available execution plan and some assumptions made by our team on potential announcements that should de-risk the investment. “Our investment milestones” show our current long-term investment plan. Early stage investments are risky and there is no guarantee that the expected events will occur. The lists are not in sequential order.

Key

🔲 Expected Milestone
✅ Achieved Milestone
🟩 Above Average Result
🟨 Average (Expected) Result
🟧 Below Average Result
🟥 Negative Result
🌎 Macro Event
⚔️ Results from Other Company / Project
[UPA] Unexpected Positive Announcement
[NEW] New Milestone Added

Why we have invested...

High potential of large resource size

Giant scale potential identified within SG 4571 in Cabora Bassa with multiple play types providing running room on success – first mover advantage.

Burgeoning Southern African market for gas

Strategically positioned to supply energy starved domestic and regional markets – particularly large South Africa market.

Zimbabwe: Strategic Location

Government and legislation is supportive of mining and foreign investment. Gas to Power can be generated locally and excess exported to neighbouring countries through the SAPP.

Gas Sale MOI secured

Gas Sale MOI secured with Tatanga Energy underpinning development and monetisation of even a modest discovery. This follows an earlier MoU with Sable Chemicals to supply gas to its fertiliser plant for a team of 20 years.

Onshore cheap entry cost

Low cost onshore exploration with proximity to infrastructure enables monetisation of discoveries – mitigates risk vs. reward.