ICN 0.00% 0.6¢ icon energy limited

timing is everything, page-2

  1. av
    2,595 Posts.
    Agree Occam,

    But they've got the money now and said they will start dewatering at end of sept and start drilling in October...lets just hope that the dewatering rig has (finally arrived) and they've planned ahead and secured drilling rigs. This would be assumed with other companies, but you never know with Icon. I would like to see a confirmation of drilling schedule announcement in the next week or so just to anchor expectations. If they have the drills secured, though, its really just a matter of sitting back and waiting....given the coal seam thickness and GIP I am confident that some decent gas flows will be had.
 
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