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2023 - the year for ICG, page-11

  1. tinstuff11
    5,565 Posts.
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    08/01/23
    11:29
    Post #: 65583172
    Yes its holiday season, not only for ICG BOD, but any other potential JV.
    The Reserve Bank does not meet in January either.

    I do expect some news flow before the quarterly report is issued - so from after 16th then some news flow.


    As for a new CEO or not - the BOD need to clarify what the forward plans are for when RB completes serving out his contract period.

    A new CEO will cost a lot of $$ - and likely come with Golden Handcuffs [RB's handcuffs may only be Silver ones by comparison]
    It may be more cost effective to not have a new CEO, for the time being and retain RB on a smaller contract.
    ICG can only afford to spend about $1m - have of kitty - over next 6 months and a new CEO would put a big dent in that - hence no new CEO

    ICG Price at posting: 2.6¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 12  Upvote
    lightbulb Created with Sketch.  Great analysis
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