Invictus Energy’s Cabora Bassa Identified as Priority Development Project for Zimbabwe

  • Jan 13, 2020 AEDT
  • Team Kalkine

Independent oil and gas exploration company, Invictus Energy Limited’s (ASX: IVZ) Cabora Bassa project at Muzarabani received the priority project status from Zimbabwe Government.

  • The Office of the President and Cabinet of Zimbabwe has classified the Project as a priority development project
  • It can provide significant economic benefit to the economy in pursuit of the vision of becoming a Middle Income Economy by 2030

IVZ’s stock price soared by 7.6% on ASX (AEDT 1:15 PM).

 

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