I hold icn stock
bought because wanted exposure to csg, low market cap ,possibility of huge upside
have held because of perceived huge upside
losing faith because of a raft of opinion citing , mismanaged, overpaid management, comedy of errors in operational issues ,drilling programs etc.,
general comment ; each time something goes wrong the expectation has been ramped up, now expextation is set at miracle proportions.
surely if the contract fizzles, the drilling programs have fizzled, we will end up with no contract, no gas, a bucket load of money for drilling , a possible customer for gas but waiting for results that on past performance will not come.
conclusion ; if it wastes the next drilling program costraphic.
if it signs up with sino a spike in shareprice then a huge fall
if it loses contract with sino who knows but obviously not good
if extension for sino granted who knows but not good.
to hold or sell
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