What I don't understand is just why some of you punters ( yes that is the correct description for most of you ) are doing in a share like ICG.
Exploration is what Inca does and that takes shiploads of money.
It is nigh on impossible to find decent sized deposits which is why it pays so well when a company does get a hit.
The survival rates for small companies in exploration is almost non-existent.
Drilling holes is how it's done and that is expensive. Us as the holders need to keep up the supply of cash or it just won't happen.
With the current management the company gets value for money when before we had lifestyle directors.
I can understand how the longer termed holders are pissed off, and believe me I am one of them, but we either knuckle down now or get the hell out.
Support the current team now or get out - it's simple.
Lockitt
ICG Price at posting:
2.1¢ Sentiment: None Disclosure: Held
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