halifax-1 lng gas fraccing very slow ,no info, page-12

Gassed
Gee
I do read all the reports released. My point is that we, as share holders, are entilted to "ongoing continuous disclosure" or any project.
havent you ever watched the SP react to an announcement of a well been spuded ?. The sp usually starts to climb, just on that news alone.( as a general rule )
potential investors buy shares getting ready.
but we get NOTHING from ICN, not even the fact that clearance had been given from the Qld Gov permission to progress with the FRACCING of Halifax-1 well in the first place.
Since Qld has a restriction on FRACCING unlike SA Gov where BPTs wells of PEL 218 Encounter 1 & 2 and Moonta-1 etc.. have no FRACCING restrictions.

ICN has not put out any update reports on how the FRACCING of Halifax-1 well is progressing, or mentioned any events whats so ever. ( under ICNs company name ) The sp still hovers around 23-25 cents because there is No incentive for any one to buy into or more shares.
It is the CEOs Duty to keep the Market INFORMED. he has failed to do so.

for all the wells on BPT Pet 218, there is only one on APT855. and you would think there would be better communication with updated information from the CEO considering this is such an important well to all ICN Energy investors in LNG supply to meet the GAS sales agreement with China., as you put it the "Mother of all wells "!

he did not even bother to mention the moratorium on FRACCING by the Victorian Government on the Gippsland tenements held by ICN.