moving?, page-32

goodaye Gassed,
i enjoy reading everyone's posts, but sometimes people do get a bit carried away.

"...But, let's hope that they do agree as it will give ICN a long term guaranteed income upon which to build their future...."

where does that come from?

I think you were discussing the ramifications of Stanwell committing to Stage 2?

there ain't nuthin "guaranteed" where ICN is concerned!

if Stanwell refuse to commit, then the ICN SP will almost certainly suffer big time.

to me that says that Lydia is sub-standard, and that Stanwell perhaps will look to say their BUL investment in preference to Lydia?

But on that we will to just wait and see I guess.

The real kicker for me is what happens with the MOU.

I'm not confident, but if RJ & RMcN can pull it off, then s/h will be rewarded big time.
All along (in spite of my poor opinion of past mgt practices) i have believed that there is some value in the MOU (in some form) !!!

I do believe that the proposed GSA will either be delayed, or have all sorts of "get-out" conditions,such that it will be not much better than a MOU anyway.

But if ICN can tie-up a supplier of gas for say an interim period, until such time as ICN can supply the gas from its own permits, then ICN value will skyrocket.
But thats a big "IF" !

We all know its a gamble, but that why we're in it, right?

looking forward to end of August.

cheers