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I do agree - with 5c being conservative.News flow:Drilling Mac...

  1. tinstuff11
    5,502 Posts.
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    17/07/23
    15:41
    Post #: 68826484
    I do agree - with 5c being conservative.
    News flow:
    Drilling Mac Creek
    JE drilling approval
    Proceeds Mt Isa sale
    Quarterly, which will include drilling plan update

    Fable drilling and the NT Government $200k contribution
    IF IF Fable becomes a JV with the 2 deep holes then that could add a few cents to the sp by itself

    Today July 17, marks 28 days since the last drilling announcement and every 2.8 days equates to 10% overdue. If Mac Creek does not have landowner approval then BOD should have advised so - and with the absence of no update, then my take is the landowner has approved drilling.

    There is only 1.33m shares for sale under 5.1c over 8 sellers. Bargains to be had

    cheers


    ICG Price at posting: 3.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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