III 0.00% 10.0¢ icon resources ltd

Ann: Tungsten Production to Commence from Tailing, page-7

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  1. 539 Posts.
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    re: Ann: Tungsten Production to Commence from... Eager to see how this plays out myself.
    The cap raise must be just around the corner and interested in the details.
    Company itself looks good and i gather the forex issue counters out with the solid tungsten price, able to keep the earnings guidance with the Feb presentation.
    As a non holder I would like to see a cap raise at a mild discount, say 11c, partial fill to SI (mates), partial spp for holders (equal value to SI) with a future ex date.
    Would also be good to see some options in there with a decent strike on them.
    Doesn't matter which way they raise cash, Leon has plenty of shares and will look after the holders as best he can.
    Mav
 
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