richrichie I agree a Joke my Wife would Kill me if I bought any...

richrichie

I agree a Joke my Wife would Kill me if I bought any more.

I don't see Icon as the only producer in Aus as NCM have a high grade deposit in W.A. and there timing to will be interesting espechelly with Tungsten price increasing and China only having 20 Years supply.

BUT I see Icon as the processing Hub in north Queensland for the surrounding known deposits.

Don?t forget Icon are reopening an existing mine with 90% of the approvals and Infrastructure in place, and a stockpile of Tailings & Pit digging to process hence positive cash flow buy xmas to fund reopen the pit.

Currently Tungesten is as not as Sexy as Silver & Gold YET.

The processing Plant has been delivered to site and they are negotiating with off takers who need Slurry.

Yes 10.3 Mil is a Joke.
Don?t forget Dr Leon (Deepyellow & PDN) is am achiever.