In reality if they don't drill or find anything this year ICG are cooked, done, finished, zip, no more. Unfortunately time, money, and share holders patients are no longer favourable for ICG. As much as i believe in what we possibly have I'm also aware we are in dangerous waters, especially given the problems around the world.
I have invested my life's savings and wages along with all my super into ICG thats how much I believe in the company. I'm not a huge fan of our leader but i trust and have faith in Jonathan. just because I've criticised the company lately does not mean I don't have faith in ICG or our tenements.
The reality is another setback will destroy the share price and this will not be favourable for the OB or reaching a high share price. I understand certain setbacks are out of INCA's control but the wasted money over the years has not been spent wisely in my opinion. The lack of share price value year in year out is not acceptable especially given the amount thats been raised throughout the years.
Hopefully we get news soon and finally get our rig in place with the head spinning. One rig operating while management try and secure a JV free carry arrangement, that way we can turn focus on our Australian tenements.
I'm desperately hoping this year will be the year for long suffering share holders. Hopefully we get positive news flow very soon. Truth be told i do hope both LTH & STH make a nice profit.
