Still pouring rain in BOW drilling area. Their programme has been hit hard and so has their SP, which, to date, has been based nearly exclusively on drilling results. What do they have other than "drilling results," yet their market cap is (was) over $400 million??
ICN hasn't lost one cent in drilling time and very expensive inactive drilling crews and equipment.
So, that's been RJ's argument all along, albeit very unpopular to some.
Monsoon season in Queensland, ALL of Qld, goes until the end of March! Always has and always will and with all these strange things happening to our climate, who knows if it is not going to get worse?
Why, even Tony Abbott, the number 1 climate change sceptic, has completely reversed his position on climate change and is now blaming carbon emissions and man's contribution!!!! Amazing turn around. What happened to "climate change is crap." The whole world is changing its views on carbon emissions and risky energy sources, LNG will soon, very soon, be the number 1 source of energy generation.
We have also seen the impact on the SP of transport companies, such as Toll holdings, caused primarily on the cost of fuel for their trucks. $100+ per barrel of oil will kill these companies and increase cost for ALL products as a natural consequence
Please do not underestimate what RJ is telling us about his Micro Domestic LNG plans!!!!! "Micro" could be "massive."!!
ICN started yesterday like a shot out of a gun (what was that all about???), but, naturally got hit with the panic that seems to affect so many people. ICN is another day closer to some news on the GSA and "other" news, so, IMO, what another great buying opp at below .20.
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Still pouring rain in BOW drilling area. Their programme has...
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NEURIZON THERAPEUTICS LIMITED
Dr Michael Thurn, CEO & MD
Dr Michael Thurn
CEO & MD
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