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re: News: Icon Tungsten production on track f... hinneh,With...

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    02/08/11
    13:07
    Post #: 8760392
    re: News: Icon Tungsten production on track f... hinneh,

    With Cashflow predictions as follows and sophisticated investors risk profile and experiance why would they sell at $0.15? Cash flow positive 1st qtr 2012.

    Presentation dated 22 Feb 2011.
    Tailings Production 50t/mth EBITDA $5M/Yr Capex $4Mil 2 Years mine Life.
    Stockpiles 2012 100t/Mth 15M/yr Capes $20M 5 years Plus.
    Total Capex of $24 Mil and an EBITDA of $85Mil over the 7 Years.

    Presentation dated 20 June 2011.
    Tailings Anticipated revenue $5 to $9 Mil per year mine life 2 years. (Capex $4Mil)

    Please DYOR.
    III Price at posting: 10.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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