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I think it is very unlikely they will have the ability to tie...

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Teebee10

67 Posts.

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18/08/20

19:41

Post #: 46634413
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Originally posted by gassed: ↑

Further to my previous post on the Quarterly Report thread, more simply put, for the long suffering Icon shareholders, where "nothing" seems to have been taking place for the last 5 years and gradually going down the gurgler, the glass half full take out of this is that within the next 2-3 months, Icon "could" (A) be in a position to both announce that they can and will commercially produce AND SELL gas from Halifax-1 and (B) clear the restoration contingency and be back in talks to progress Stage 2 of ATP855 either with a senior funder or a J/V partner.Sure, that's the very optimistic picture that I am stating, but, I'm betting that that is exactly what Ray James is aiming at.Whatever people have thought of Ray James, I'd be the last person to under estimate him with what has been nearly his life time ambition!!!!

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I think it is very unlikely they will have the ability to tie into the APA line with only 1 mmscf and I doubt that they have a well in the cooperbasin with 97% methane I think the quarterly has a lot of wishful thinking,

ICN Price at posting: 1.8¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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