The potential is still there but management need to get some action going very soon. The only selling right now is panic selling and only crystalises losses. The Australian economy is sound. Asia and the world need our agric products, metals, and energy. The world economy will recover in time , maybe up to 2 years.But right now ICN will recover fairly quickly when progress is made towards drilling , testing and contracting gas sales.
I will be at the next AGM and in a very bad mood if good progress has not been made.In the meantime I will hold.
Occam
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