ICN icon energy limited

Gold Coast Bulletin, page-4

  1. 1,853 Posts.
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    Hi Gassed

    I partially agree Icon may be in an enviable position, just not sure that at this point in time the share holders would see themselves as being in an enviable position too.

    With over a million dollars in outgoings every quarter and still no profitable production after nearly 20 years. Very hard to argue that this is a good track record on the face of it.

    Hopefully there is a lot more going on behind the scenes, but given the incredibly long and unfruitful gestation period so far, management will have their work cut out for them, to have themselves seen in a favorable light by many IMO.

    Respectfully Searcher2
 
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