Articles On Invictus Energy (ASX:IVZ)

Aussie shares are expected to open lower this week amid uncertainty surrounding global markets and further rate rises. Despite that, here are some ASX-listed companies with news out today: Invictus Energy (IVZ) has awarded well servic...

Miners strengthened the Australian sharemarket at midday trade, led by Forescue Metals Group (FCT) and BHP (BHP). The ASX tracked higher, bolstered by cooler-than-expected inflation figures in the US. Turning to some of the movers on...

Invictus Energy (IVZ) commences a 2D seismic survey at its Cabora Bassa project in Zimbabwe The CB23 seismic campaign marks the start of its phase two exploration program in the Cabora Bassa Basin The survey aims to cover 400-line kil...

Highlights The CB23 seismic survey is part of Phase 2 exploration in the Cabora Bassa Basin. The survey, likely to complete in July, is aimed at maturing several already identified leads to drillable prospects. The seven already ident...

Highlights Invictus Energy Limited (ASX:IVZ) has announced an institutional placement for a capital raise of AU$12.75 million. The proceeds from the placement would be used for the Phase 2 exploration and appraisal campaign in Zimbabwe...

S&P/ASX 200 closes up 0.5%, Emerging Companies index up 1.50% Fair Work Commission delivers bigger than expected 5.75% lift in award wage Cyclone Metals defines a series of gold anomalies at its Macraes South project   Aussie markets...

Highlights Invictus Energy has received strong support for its recently announced SPP. The company has exceeded its initial target of raising up to AU$5 million. Invictus will now accept oversubscriptions to raise a total of up to AU$...

Invictus Energy (IVZ) gains approval to renew its Environmental Impact Assessment (EIA) for its Cabora Bassa project in Zimbabwe until May 2025 The Zimbabwe Environmental Management Agency (EMA) extended the renewal for Special Grant 457...

Highlights Invictus Energy has awarded seismic contract to Polaris for Cabora Bassa Phase 2 exploration program. The survey results will be employed to mature leads on trend with Mukuyu and in Basin Margin play into drill ready prospec...

Australian company Invictus Energy says it has found deposits of oil and gas in commercial concentrations in northern Zimbabwe.

Highlights Invictus Energy has shared results from the mudgas compositional analysis done for samples collected during the Mukuyu-1 / ST-1 well drilling campaign. The results show the presence of hydrocarbons in numerous reservoir pay...

Highlights Invictus Energy has launched a Share Purchase Plan for a capital raise of up to AU$10 million at AU$0.12 per share. The proceeds will be directed towards Mukuyu-2 appraisal and Cabora Bassa Phase 2 exploration. Attaching op...

Crude oil prices remain elevated – thanks in no small part to OPEC+ deciding that they really want oil prices above the US$80 per barrel mark and slicing their daily output by 1.16 million barrels in order to make this dream come true. The...

Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

The ASX jumped 0.3% after lunch as the RBA finally kept rates on hold. XGD All Ordinaries Gold soared ~3.0% because someone missed a memo. Besra Gold is back on top with a 36% leap after Quantum’s cheque cleared customs.   Local markets w...

Uranium miner ERA has finally put a $369 million rights issue to shareholders including Rio Tinto to rehabilitate the Ranger Project area after months of standoff.

Highlights Invictus Energy (ASX:IVZ) has released its financial report for the half-year ended 31 December 2022. The company has been forging ahead in developing its Cabora Bassa Project in Zimbabwe that encompasses the Mukuyu prospect...

Invictus Energy (IVZ) starts preparing for the Mukuyu-2 appraisal well in the Cabora Bassa Basin of Zimbabwe for drilling later this year Well services and long-lead process tendering have begun, with the company aiming to spud the well...

The S&P ASX 200 rose 7.64%, in its best start to a year ever as global markets rally In a strong start to 2023 the S&P/ASX Emerging Companies index (XEC) rose ~8% in January Graphite explorer Lincoln Minerals soars more than 500% s...

Invictus Energy (IVZ) appoints John Bentley as Non-Executive Chairman The role comes with a base fee of £50,000 (A$87,300) per annum, along with three million options exercisable at 23 cents each, on or before July 2024 The company sa...

Highlights Invictus Energy (ASX:IVZ) has welcomed John Bentley to its Board as Non-Executive Chairman of the company. He holds an outstanding track record of success in the E&P sector across Africa, says IVZ. According to IVZ, his...

Highlights IVZ shares gained over 6% in the early hours of 23 January post a company update Invictus Energy (ASX:IVZ) has successfully concluded the Mukuyu-1 and ST1 drill campaign Total 13 potential hydrocarbon bearing zones have bee...

The leading investors from Wilson Asset Management (WAM) have shared two compelling S&P/ASX 300 Index (ASX: XKO) shares on their radar. WAM operates several listed investment companies (LICs). Some, like WAM Leaders Ltd (ASX: WLE)...

It’s easy to get stuck in our old ways, looking at the same handful of ASX shares. What we don’t often realise is that we could be ignoring high-quality companies by only paying attention to those that make the most noise. In fact, invest...

It’s hard to remember what AGL Energy Limited (ASX: AGL) – and its share price – looked like this time last year. There’s been many a shakeup in its ranks over the last 12 months. Meanwhile, the war in Ukraine saw the price of powe...

S&P/ASX 200 Index (ASX: XJO) casino operator Star Entertainment Group Ltd (ASX: SGR) has just flipped the calendar on a year to forget. But 2023 could throw up some more headaches for the ASX 200 stock. Why was the ASX 200 casino oper...

S&P/ASX 200 Index (ASX: XJO) coal shares are off to a solid start in 2023. Having all more than doubled their share prices last year, Whitehaven Coal Ltd (ASX: WHC), New Hope Corporation Limited (ASX: NHC), and Yancoal Australia Ltd (...

It certainly was an eventful year for Pilbara Minerals Ltd (ASX: PLS) shares. As you can see on the chart below, the lithium miner’s shares traded as high as $5.66 before finishing the year at $3.77. While this still meant that Pilbara...

2022 was a wild ride for ASX investors. The year was stamped by concerns over rising inflation and interest rates, sending the S&P/ASX All Ordinaries Index (ASX: XJO) down 7.2% to 7,222 points. The broader market finished in the red....

2023 off to a bit of a dismal start, down 1.3% on the opening day of trade GreenX soaring after rumblings from Poland over $1.3 billion payday Chinese markets gain before the rest of the trading world gets back from holidays   For about 1...

Many ASX 200 lithium shares are in the red on the first day of new year trading. Pilbara Minerals Ltd (ASX: PLS) shares are down nearly 4% at the time of writing, while Core Lithium Ltd (ASX: CXO) is down 1.27%. Shares in Allkem Ltd (ASX:...

No doubt plenty of ASX market watchers were happy to wave goodbye to a tumultuous 2022. Last year saw political tensions heat up around the globe, particularly in Ukraine where tensions with Russia boiled over into war. Meanwhile, soaring...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to start the week with a disappointing decline. At the time of writing, the benchmark index is down 1.7% to 6,918.9 points. Four ASX shares that are falling more than m...

The Core Lithium Ltd (ASX: CXO) share price has tumbled over the past month. Core Lithium shares have descended nearly 26% since market close on 2 December and are currently fetching $1.02. For perspective, the S&P/ASX 200 (ASX: XJO)...

The Seven West Media Ltd (ASX: SWM) share price is marching higher on this first day of trading in 2023. Shares in the ASX-listed media company are up 3.8% in morning trade at 41 cents per share. This comes despite the broader market facin...

The Mach7 Technologies Ltd (ASX: M7T) share price is off to the races on this first day of trading in 2023. Shares in the ASX listed medical imaging systems provider leapt more than 20% on open and are currently up 18.4% in morning trade....

Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

The ASX share market is full of interesting businesses. But, there are some compelling companies listed elsewhere around the world. We can get access to those with ASX exchange-traded funds (ETFs). Some ETFs like the Vanguard Australian Sh...

Invictus Energy (IVZ) is ceasing operations on Mukuyu-1 and ST1 after conditions were deemed ‘unsuitable’ and ‘not feasible’ Difficulties encountered during drilling included breakage of a T Bar Clamp as workers attempted to retrieve the...

With the ongoing energy crisis keeping gas prices elevated, Australian oil and gas explorers were quick to catch the attention of predatory investors over the last 12 months with exploration (and development) success top of the shopping lis...

The Whitehaven Coal Ltd (ASX: WHC) share price exploded in 2022, but what could be ahead? Whitehaven Coal shares soared 261% in 2022 to $9.42. For perspective, the S&P/ASX 200 Index (ASX: XJO) has slid 6% in a year. Let’s take a look...

One thing the Australian share market is not short of is dividend shares. And while the average yield of approximately 4% is very attractive, some shares could offer even greater yields in 2023. Two high-yield ASX 200 income shares are lis...

Highlights Invictus Energy (ASX:IVZ) has shared encouraging results from preliminary wireline program at the Mukuyu-1 ST1 well. As per log analysis, there are numerous potential gas bearing reservoir units at the wellsite. The company...

Now is a good time to buy these S&P/ASX 200 Index (ASX: XJO) shares, or so the companies’ directors seem to believe. Three ASX 200 companies have revealed five notable insider buys this month. Insider buying is often seen as a sign t...

Good news is bad news for the US economy Aussie benchmark goes deep into a pre-Christmas shame spiral Ho ho oh s%#$! What just happened?   The Closing Jingle Bell has rung, so that’s it until after Christmas for 2022! What a pity today’s...

ASX takes a pre-Christmas bath, dragged down by InfoTech and Discretionary Asian markets fall lower today as Japan widens yield target range PolarX is still ruling the playground after one of the big kids said it was cool With apologies t...

The S&P/ASX 200 Index (ASX: XJO) plummeted in afternoon trade amid the release of the minutes from the Reserve Bank of Australia’s (RBA) latest meeting. The index closed Tuesday’s session 1.54% lower at 7,024.3 points. Also likely...

ASX gold exchange-traded funds (ETFs) like the Global X Physical Gold ETF (ASX: GOLD) seem to be the talk of the ASX town this week. Gold is a rather peculiar asset to invest in. Unlike ASX shares, you can buy and sell gold outside the ASX...

The Arizona Lithium Ltd (ASX: AZL) share price is in the freezer as the market prepares to hear news of merger and acquisition activity. That $159 million Aussie lithium stock is rumoured to be acquiring Canada’s Prairie Lithium – whic...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) has followed Wall Street’s lead and dropped into the red. At the time of writing, the benchmark index is down 0.55% to 7,094.7 points. Four ASX shares that are not letting that ho...