III icon resources ltd

Chair,Thank you for your commentsI notice you are not a...

  1. 1,406 Posts.
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    Chair,

    Thank you for your comments
    I notice you are not a holder.

    Interesting that in the presentation announcement dated 19 Sept Icon (Slide 18) are expecting an EBITDA (earnings before interest, taxes, depreciation, and amortization.)of $2 to $4 Mil I assume P.A. and in 2012 a EBITDA of $8-$10 Mil. Icon has a current market cap of $10 Mil.

    The Plant is on site all we require is commissioning buy Xmas and an off take agreement. (Off takers are prepared to put $$ upfront)
 
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