My 2 cents worth, i feel we have consolidated to early in the game. I'm worried that the share price will slowly decline as the weeks/months pass by as we await a drilling date.
Now given Covid-19 playing havoc on the world economy, I'm worried drilling will be delayed until next year further putting downward pressure on the current share price.
My concern is, when we do eventually have a date for drilling the share price will be so battered down like before the consolidation it will be near impossible to recoup losses for those long term holders.
I am not confident that management will be able to stabilise our current share price from declining until drilling is announced. We already have most of the data we need and I just can't see how more announcements will support/hold the share price from dropping.
I supported the consolidation as promised, however I do feel we consolidated to early while we await a drilling date. I would of been more happy doing a CR rather then consolidation.
I do hope ICG won't let us down with a drilling date for this year, then we get told just before Christmas, that we wont be drilling until next year, blaming it on COVID-19.
These are my concerns, i do hope us LTH have no further loses due to further negligence & miss handling over the years.
Kind Regards
Darren
- Forums
- ASX - By Stock
- Ann: Proposed Drilling Program for Central Riqueza
My 2 cents worth, i feel we have consolidated to early in the...
-
- There are more pages in this discussion • 60 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ICG (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.066M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1844875 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 1277593 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1844875 | 0.005 |
8 | 7679194 | 0.004 |
13 | 18176780 | 0.003 |
4 | 4399980 | 0.002 |
4 | 7199950 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 1277593 | 6 |
0.007 | 924600 | 3 |
0.008 | 1201540 | 5 |
0.009 | 1033282 | 3 |
0.010 | 1000000 | 1 |
Last trade - 16.12pm 09/10/2024 (20 minute delay) ? |
Featured News
RCE
Phase II clinical trial recruitment for R327G topical gel passes halfway, showing promising results against bacterial skin infections
LU7
The Breakdown: Lithium Universe talks refinery design and lithium processing in strong preliminary feasibility study for Bécancour
ICG (ASX) Chart |
Day chart unavailable
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online