Ann: Potential For Phosphate Mineralisation at Frewena, page-201

First 201 Last

Share
Profile

Follow
tallplumber

5,199 Posts.

774

18/12/22

11:08

Post #: 65356573
Share

Originally posted by allens ↑

Tall.

I see it that Adam Taylor was guarding his stake in the company as a major holder of above 5% he forced the issue about the funnelling of funds out the door. It could be seen that RB had no handle on the spending and matter of fact his drilling program had not been priced and he hd no idea what his proposed drilling programme would cost. He pressed forward anyway gave that job to Rob Heaslop and then when the costs starting accumulating against meters done some realised we were not going to cover the proposed campaign with the funds at hand. Panic buttons were pushed, the core wasn't showing great outcome and the budget was being chewed up.
Brakes on, in stepped Adam to guard his investment by toppling the king and taking control.
Second to that he just only has 5% so he needs to watch he doesn't lose control if a capital raise is required and shares are increased his percentage if it falls below 5% could see his position at question maybe.

So here we are all the money nearly spent and only 2 actual assay results published and holes 9 & 10 still out there.
But we are told its a technical success what ever that means, we can see what it really means by the share price. Now we are again living off shirt tails of others regarding the phosphate due we don't know what we have but we know what the people over the fence have.

Remember Adam was a happy investor until he saw the share price go south and he had to act to safe guard his 5% stake.

Cheers all hope Xmas is good to you,
I know mine is and will be quiet due the cash watch has been applied here also because this share may not come back for awhile ahead. They say we have great ground and they say Majors are sniffing but we the holders are just left in the dark really so hence the exit of holders.
Some need cash for the festive season and need to sell just to make ends meet because this has taken along time with many delays. I like some contributed to capital raises for years and now find I hold a lot of paper that is somewhat worthless at face value presently. With 4 capital raise and 2 failed options under my belt to this management mostly RB so if you wonder why I am dirty on the guys performance you may consider the sums of money I have handed over on his words and Announcements.
I presume Adam Taylor and many others feel same.

Merry Xmas All. Allens.

Expand

CHEERS ALLENS

Mate great post...lots of quite holders would agree
I don't believe the few positive posters on here represent the many pissed off ones

What is a technical success...most have lost faith after the bragging management did with Peru only to be a duster

Where has the money gone

Merry Xmas to you and here's hoping 2023 is a better year for ICG

ICG Price at posting: 2.5¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

NEU

Neuren jumps over +11% on patent win for Pitt Hopkins drug treatment

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Thursday's HotCopper trends: Paradigm's drug IP buy, MTM placement | June 26

'Not possible' to port renewable gas: ACCC takes AGN to court

BPH

Australia’s gas crisis is here – and dying coal plants aren’t helping

First 201 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 0.8¢		Change 0.000(0.00%)		Mkt cap ! $12.61M

Open	High	Low	Value	Volume
0.8¢	0.8¢	0.8¢	$2.08K	260.0K

Buyers (Bids)

No.	Vol.	Price($)
2	280637	0.8¢

Sellers (Offers)

Price($)	Vol.	No.
0.9¢	4311524	3

View Market Depth

No.	Vol.	Price($)
2	280637	0.008
12	4569047	0.007
13	5522455	0.006
12	4109603	0.005
7	3417588	0.004

Price($)	Vol.	No.
0.009	4311524	3
0.010	3114283	8
0.011	1145666	5
0.014	1033333	2
0.015	2043906	6

Last trade - 10.19am 26/06/2025 (20 minute delay)

ICG (ASX) Chart

Ann: Potential For Phosphate Mineralisation at Frewena, page-201

Neuren jumps over +11% on patent win for Pitt Hopkins drug treatment

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Thursday's HotCopper trends: Paradigm's drug IP buy, MTM placement | June 26

'Not possible' to port renewable gas: ACCC takes AGN to court

Australia’s gas crisis is here – and dying coal plants aren’t helping

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Potential For Phosphate Mineralisation at Frewena, page-201

Top Stories

Neuren jumps over +11% on patent win for Pitt Hopkins drug treatment

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Thursday's HotCopper trends: Paradigm's drug IP buy, MTM placement | June 26

'Not possible' to port renewable gas: ACCC takes AGN to court

Australia’s gas crisis is here – and dying coal plants aren’t helping

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News