The "media" and "market" wheels are certainly turning to the positive.
Stock "analyst" STOXLINE.COM has UPGRADED ICN to a BUY stating that it is very bullish, short and mid term. Has put a 6 month "target" (invariably conservative) at .26. So, might see some "punters" come in at current low figures.
Our old friend the Gold Coast Bulletin has another good story re the Chinese fund raising and gives us some info that RJ says that the raising is "totally independent" of the MOU negotiations.
Would not discuss the MOU. The Bulletin says that an ann "is expected" next week.
RJ also is quoted as saying that "The gas sale agreement that we have here is pretty big (Understatement). It is a real company maker and it will be a significant development IF WE CAN GET THE RESERVES TOGETHER.
I read into that that the GSA WILL be signed and will be stacked with all the conditions that we would expect in such a major deal.
So, expect some action with SP lead by the DT with smaller deals and hopefully, not weighed down by THAT seller. ENJOY!!
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