Hey Shamish..... its all about trusting this management to do what they say.... their track record is poor, as you would know if you've been in ICN as long as some here. It says clearly on page 21 of the current annual report;
"A farmin agreement on 626 that ensures the Company’s cash position for the foreseeable future is expected to be finalised by the Annual General Meeting."
You wont hear about this tomorrow coming to fruition as advised to market, as so ppl are skitish and understandably... now doubt ICN seem to be sitting on a larger discovery, but is management up to the job of developing for shareholders ???? .... you will hear excuses why they havent finalised farmin tomorrow, like they always come up with, excuses, excuses, excuses, and from a MD who pays himself > $500,000 annual salary of our money every year !.... hell he has to do raisings just to cover his exorbitant salary, let alone for developing ICN and creating shareholder value..... I hoep he surpises us tomorrow at the agm, and I will be the first apologise, but I aint holding my breathe.
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