ICG 0.00% 0.5¢ inca minerals limited

2023 - the year for ICG, page-1247

  1. 5,563 Posts.
    lightbulb Created with Sketch. 253
    i find it strange that last week the sp was 2.1c and no news
    the expectation being the 800m drill in Mt Lamb to start in Sept
    then the sp started dropping

    the latest announcement details the drilling contractors for the Fable drill have been on standby since last week - knowing it was Fable.

    perhaps there was a second drill contractor gearing up for the Mt Lamb drill and they were not aware of the change of plans

    anyway, the sp tells the story - sp dropping before shareholders informed of the change of plans
    mixed messaging from BOD is reflected in the sp

    good luck to those buyers picking up shares as low as 1.5c

    to me Fable is the last roll of the dice for 2023 2023 drilling as doubt if JE will get clearance to drill in next few months

    new funding will be needed for Hay River - and that might take until 2025 before any meaningful exploration

    the $500k loan from Chairman needs to be settled approx 7 months from now

    cheers
 
watchlist Created with Sketch. Add ICG (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
0.000(0.00%)
Mkt cap ! $4.066M
Open High Low Value Volume
0.5¢ 0.5¢ 0.5¢ $40 8.047K

Buyers (Bids)

No. Vol. Price($)
3 3844874 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 1277593 6
View Market Depth
Last trade - 10.04am 14/10/2024 (20 minute delay) ?
ICG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.