VIDEO: Iceni Gold - Undervalued, on-track, and staying the course in WA’s Eastern Goldfields, page-40

I took the medicine a while back and decided to watch from the sidelines for a bit. The cash has been burnt so the EV has now gone up, but the story is worth less than IPO given the lack of solid drilling results and overall weaker market.
It just screams to me that it should go lower before it goes higher, but they will need cash soon enough and Rodan plays always seem to raise at a higher price than the previous raise. Last raise was to Creasy at 22c.
SNG and DM1 were in the doghouse before a pump higher for a raise. ICL I just cant get my head around it doing the same as it has a much higher valuation already.