ICN 0.00% 0.6¢ icon energy limited

gold coast bulletin report, page-3

  1. 8,440 Posts.
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    Part of the problem is BPT blocking Icon from doing anything with 855 until July. Given the struggles with 626, getting a drilling rig going on 855 is important. I think some are a little spooked by that.
    On the otherhand, BPT dirty, delaying tactics reveals the true value of what Icon have in 855. Also, I think sentiment should turn once Icon get some indication from another small player might be willing to participate in supplying the GSA. Having said that, surprised that the long-term upside is not being reflected in the price immediatately.
    Also, the drilling of 626, only 2 weeks away, which is fully funded by Stanwell, should also shift sentiment.
 
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