Looks like the Mt Carbine Cash cow is progressing.Clearly there...

Looks like the Mt Carbine Cash cow is progressing.

Clearly there is a binding contract with “Nicholson” otherwise a project Mgr would not have been appointed..

Seems like the experienced Icon Directors have appointed another senior person with a wealth of Experience.

As already posted in these most difficult times Icon has 3 Months to complete the rights issue
I am confident Icons No1 priority will be the signing of the contract with “Nicholson”. (After the Questions from Shareholders regarding the Contract.)

Unfortunately I think due to the rights still being open the Share price and turnover will be Flat/Dead till after the signing project plan announcement and Rights closures.

I am confident Icon will be looking for a major Shareholder to take up the balance of the rights. But I would also would be keen to buy more Rights if the Contract is Signed and they have a clear Plan for Tailing recovery and the other projects have positives.

I am a big fan of Icon’s Directors etc and are very happy to Sit and reap the rewards.(12 Mths) Options are @ $0.35 in 12Mths.

For info I have just compared the 1970’s “Oil Spike” & “Credit Crunch” history is repeating itself. (App 2 years to come back)