ICN 0.00% 0.6¢ icon energy limited

fin review page 20, page-9

  1. 231 Posts.
    correct me if i'm wrong, but isn't there something in the GSA that says if icon doesn't have the reserves by some date in 2013, or drop dead date, then the agreement falls through?

    you'd have to think that Sino would have to be bankrolled to pay on that date as well,

    like i said, there are two guys walking around with IOU's, and a lot of good will.

    Now, if one or the other already had their end of the bargain, it would be a different story, but neither of them do, so this gsa is about as binding as the mou
 
watchlist Created with Sketch. Add ICN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.