icn shale values, page-5

Agreed Katok, if you dont have a bit of a laugh at the way this mob do things they will drive you crackers for shore.

Just on the value point, if encounter zones fraccs successfully in 218, 855 is only a stones throw away from encounter so another 1TCF could be on the cards in 855 of which 40% is ICNs,which is 440 odd PJs. Not too many CSG or shale companys have those figures and the gas flowed to the surface as well. 440PJ equates( dollars and cents wise) alot more than 18.5 cents times 470million shares and that will only be the tip of the ice berg which will make ICN rediculously cheap at current prices. Hoping it turns out like this. Cheers.