Yes & no Koko. I'm not convinced that ICG will become a producer in its own right. I think this will be sold off / takeover at some point - most likely after DFS/BFS.
With the amount of dilution we have, I see this turning more into a trading stock where punters will sell on news due to the amount of liquidity.
Anyway just my take and there should be good $ in for those in at low levels and provided drilling proves up what's been found so far.
Capital Raise speculation Icg, page-207
Add ICG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.6¢ |
Change
0.001(20.0%) |
Mkt cap ! $6.160M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $6.901K | 1.234M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2371494 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 2230843 | 6 |
View Market Depth
| Last trade - 14.40pm 08/11/2024 (20 minute delay) ? |
| ICG (ASX) Chart |