ok trading is over for the week, page-2

Yes, lets start again on Monday.

The close Today of 39c may not be what was wanted. However, it has been climbing from lows in March and there are holders who are taking profit from this. There are holders that are cutting their losses from Yesterday's highs.

Who knows where to next week, but with the AGM coming up on the 22/4/2010 There is likely to be news releases leading up to the meeting and there will be an update at the AGM

I note a few HC posters have been giving ICN the raw prawn. How hypocritical when you consider the Australian resource sector is full of hopeful companies and some make it big. Why not ICN. We have seen so many companies over the last two years being helped along by the Chinese in their drive to invest in assets in the ground as an hedge against the US dollar plus securing future supplies of energy.

I also note that people are suprised by the values involved by this deal and the ability of supplying. You should look at the time frame. Starts in 2014 and runs to 2034. Some of us will be dead by then. There is and will be plenty of gas around over this period to supply the contract. If not from ICN leases, it will come from other small to mid size producers.