who are the employees in the bonus?, page-9

Hi Vala,

Icon must release any and all information regarding any market/price sensitive announcements as they receive them.

I understand your frustrations and as many here know I do at time get very vocal on them but we have waited this long hence I really believe IMO we are close to some news, good I hope.

I live here on the coast and I can honestly assure you that old white shoe brigade is all gone.

As I said I have done a lot of research on the drilling results of Icon and although again IMO they are not fantastic but I believe there is enough to get us over the line with Stanwell and we can get on with more drilling.

In fairness to RJ he has some of the best geologists on the payroll at Icon and IMO that can only help with good future results.

I am very concerned at the lack of any information about the MOU as nothing was really mentioned at the AGM let alone since the announcement.

There are many that will say they are working on it etc and thats a fair comment although the market does not see it that way at the moment.

On a positive note I will say IMO the current SP is a bargain and I have been topping up over the last two weeks.

At this stage its not in a trading range as the average volume in the last fortnight has been poor but the SP has proved it has bottomed based on the last 3 weeks so as I see it its all upside from here barring any poor announcements.