ICN 0.00% 0.6¢ icon energy limited

I agree Occam,The CBM well should come in. This will mean prices...

  1. av
    2,595 Posts.
    I agree Occam,
    The CBM well should come in. This will mean prices above 15 cents AT LEAST. In turn, this will mean easier access to finance and less dilution for existing holders.
    No point drilling Stitch and eroding all cash holdings, risking failure, and then needing to raise finance from a position of weakness. Should be able to shore up CBM resource pretty well with current cash holdings.
 
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