we need a crack shot to nail those wild pigs in the Qld bush.
According to the ICN update, these wild pigs have been damaging the evaporation ponds.
I'll bet there are plenty of hunting volunteers in Qld who would happily make that problem go away.
The well data has been sent to NSA for analysis and reserves certification. From experience with other CSG stocks, this process can take a heck off a long time.
But given ICN statements of total gas saturation of the coals, it now seems really encouraging for shareholders.
Whilst I complained at the lack of discount of the SPP, and subsequent trading has shown that the SPP needed to be at a decent discount, I am still a long term holder in ICN.
ICN now has sufficient cash to pursue its exploration and certification program - and that is where we will get that S/p back way above the SPP price.
I also applaud mgt for keeping s/h in the loop and giving us regular updates.
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