ICN 0.00% 0.6¢ icon energy limited

25 percent surge, page-2

  1. 5,117 Posts.
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    No doubt that ICN will eventually make an announcement. But we know that testing the very large CBM reserves will start within the next three or four weeks when the equipment arrives.We also know that ICN is talking to potential markets for the gas and we also know that ICN must be getting some interest from other companies wishing to farm in. So if any of these activities firms up and a deal is done the the sp will react like a rat biting into a power cable. The crazy thing is the sp is extremely currently undervalued and has the potential to reach 50 cents or more.Not much downside and huge upside.A no brainer really, assuming management can pull it all together and it now looks like they are getting some good quality help from new staff.
    Just in case you can't tell I am getting more positive again.
    Occam
 
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