It is interesting explore the following from the 3 July announcement.
“The company is in discussions with a number of parties WITH TUNGSTEN PROJECTS in north Queensland as well as potential international PARTNERS. These are ongoing as Icon continues to seek the BEST VALUE for shareholders.”
Just a few “BRAINSTORMING” comments one could interpret from the above.
• Is this the start (Float) of creation of a North Qld Tungsten company including Mt Carbine (World Class) MLX & MLM and others central world class processing plant etc.
• With “international PARTNERS” contributing the dollars.
• Royalties (Refer the MLX template)
• It seems the Collingwood pant scenario has been shelved?
• Pollymetals could run the operation or would it be large enough to have its own structure.
NOTE theses are my interpretations from the wording above.
Please do your own research and guess work.
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