Good on you sethalbert. When reading the posts in this forum you...

Good on you sethalbert. When reading the posts in this forum you will see that it is somewhat polarized between the optimists, pessimists and realists. So, you should get a relatively balanced view after spending a bit of time reading them and you can make your own judgements.
We are now at the very pointy end of what could be the biggest thing that has happened in ICN's history, a company maker, or, just another disappointment?
I would suspect that management would be in heavy discussion with SinoGas at the moment, but, the biggest (only, IMO) hurdle, is the Chinese Authorities granting SinoGas with the import licence. Nobody has any control over that and, again IMO, if that gets up, so will the PSA.
Very much like the start this morning and hopefully that is a guide to what we can expect until we hear something re the MOU. The SP could move VERY quickly and you should keep a close eye on it from now on.
The EXE deal is very good for all of us in this field as it again confirms that China is prepared to spend big dollars getting a foothold into CSG in QLD. In fact, it also reassures me of the quality of our management with the way it has arranged j/v's without too much loss of shareholder equity or capital raisings, unlike EXE that has given away 50% of the entire company for the sake of a $50million drilling programme. It is surely a nice deal for EXE but just goes to show how well our management operates.
Enjoy the ride, it is just starting to get very exciting.