ICN 0.00% 0.6¢ icon energy limited

all quiet on the western front.

  1. 5,153 Posts.
    lightbulb Created with Sketch. 1162
    Does anybody have any guesses as to when we might hear of any progress on anything? The last thing we want is several months more of silence followed by another fund raising to provide funding for drilling and testing.
    The next announcement due is either that they have finalised a conditional sales agreement or they have contracted a rig for drilling and testing.The longer time passes ,...the more I worry.The sales contract has to be finalised in four and a half weeks or they walk away so we should hear about progress on that,....even if they said negotiations were making good progress that would be good.If they dont contract a rig soon there wont be any drilling this side of Xmas.
    Unless they come out with some very positive news in the next few weeks then the sp will start to lose support.
    That takes care of this weeks whinge.
    Occam
 
watchlist Created with Sketch. Add ICN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.