Allens The Barkly is a gamble as is Bramall Hills. But there is one key difference -there is no traction with copper whereas a company only has to have a lithium 'prospect' without having proven any resources and in many cases that is reflected in the share price. When the share price responds and you have a premium in the stock that means you can raise serious capital and preserve your equity. Currently unless management get the lithium story cranked up ICG will end up a fraction of a cent and you will be diluted out of existence.
Even a drovers dog would understand that - we all know Frewena has huge potential but unless in the next week or so we have a discovery there is only one way ICG can recover and that's a commodity the market embraces and quite clearly it's not your copper fantasy.
As for JW and his interference and hindrance he has to be removed as a director and I won't stand by and see the company totally f---d with his involvement. I might not control the company but I can sure make my presence felt.
ICG Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
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