The information from that last 490 metres into the Patchawarra Formation would be "gold" for R.J. for many reasons. The stuff coming out of there will be bleeding hot you can bet on that.
The geothermal leases which ICN owns exclusively are just another indications of what R.J. is trying to achieve. The carbon price will play into ICN's hands and when that source of energy becomes more viable, ICN, again, will be in the forefront.
?Another reason why R.J. wants to keep ICN in the game?
It will take some offer to get him to consider any T/O proposal, hostile or otherwise.
People also rubbished him for "losing" that 40% of 855 to BPT. Could be the best "investment" that us shareholders have ever been involved with.
Honestly, where would we be today had it not been for BPT?? Sitting around .12 at best, with a useless GSA and virtually nothing else for the foreseeable future??? Whoops, forgot 626 lol.
potentially game changing gas resource, page-30
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Last
$1.49 |
Change
0.015(1.02%) |
Mkt cap ! $3.399B | |||
| Open | High | Low | Value | Volume |
| $1.48 | $1.51 | $1.47 | $9.879M | 6.634M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 119980 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 67389 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| BPT (ASX) Chart |