ICN 0.00% 0.6¢ icon energy limited

getting dumped, page-29

  1. av
    2,595 Posts.
    re: why the sell off???? I imagine some think the gas and oil flows are low but these are only initial flows and they are not testing all intervals. Also, they state flows are limited by equipment.

    Even so, at those flow rates, although modest, ICN will get a nice cash flow from the gas. Of course we all hope and expect them and oil production to go up significantly when full production starts on all production zones. Sound like the upper zones were a bit more exciting so will be interested to see what they produce. Fingers crossed.
 
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