ICN icon energy limited

all the gas experts, page-21

  1. 968 Posts.
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    Remember that at a macro level ICN is in the box seat with the low carbon economy just around the corner. Read the newspapers. The QLD govt is acutely aware of this hence Stanwell. Thats why you saw RJ hobnobbing it around the labor party conference. He is not as dumb as he looks. There is politics at play in ICNs favor with the QLD Govt needing to be seen to be doing something. Its all about probability. The probability that Stanwell will not come to the party if the resource is proved up is ZERO. Inversely the probability that Stanwell will pull out if the resource is not proved is 100%. The probability that the pipeline will be constructed if the reserve is proved is 100% and VV Zero if the reserve is not proved. The probability that ICN will sell the gas to the identified client if the resource is proved is 100%. The probability that the reserve will be proved is FdoubleIK -ie fckd if I know. And therein lies the problem. Good luck all.
 
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