Member Info for Gordonbennett1

Also having the prospectus and funds sorted allows icon to move quickly! They are set up and ready to strike. My target is 20p, which imo is fair and conservative.

Your right! A lot of work has been carried out to get through admin and to this point. The cva news flow was a substantial step forward and talks with part era have been on going for a long time so we can’t be far off now!

Understood! Had a good read of the rule book!

I reckon we will hear more detail in coming days!

Imagine he will have. I’m happy with my money tied up here for now. Better than losing it elsewhere and with the RTO news confirmed there’s a good chance of making a fair bit more hopefully.

My interpretation of the FCA rule book is that if the co come out with substantive info on the discussed RTO there’s a decent chance suspension will be lifted. That is if they choose to do so and if they want to lift it. Your guess is as good as mine but given it is their strategy after a very long process of rebuilding the business then I’d say there is a good chance! Fingers crossed and good luck.

Rick cross ramping after his comments here yesterday, you can’t make it up!

That’s a shocker Neil!

The company needs to release more info to the FCA and market. An exclusivity agreement with details of the proposal should allow for admission of trading again.

A good example is Alkemy from 2022 who rto’d tee valley lithium

5.6.18 goes into detail on examples where the FCA will be happy to lift the suspension. Down to icon to provide more details I guess!

FCA HANDBOOK 5.6.8 clarifies the current situ

Looking at Boston international as a comparator here, gives an indication of how long it may take. Although I believe we have a prospectus is place already which is often a stumbling block can someone confirm?

Just wondering though, why are we suspended if we haven’t actually agreed to an RTO? It’s purely discussions at this point? How can that be normal practice? We haven’t even entered the process atm

Agree Neil unfortunately the art of being polite is something few on here know.

What’s the next steps here then? Am I right in thinking RTO’s take 2-3 weeks to complete? Obviously we haven’t had the confirmation it’s agreed yet so what do icon need to do now to have the suspension lifted? I wouldn’t really class talks as a cause for a suspension… can name dozens of companies in discussions! It’s part of their strategy for Petes sake.

Sun den who is the RTO you speak of?

Thanks Neil! Nice to see a pleasant post from a friend to that of Davey/rick

Hi the cross rampers account was set up on Monday had 14 posts and was the one who instigated the rumour across almost all feeds mid morning. He has since deactivated and the posts have been removed. Read into that what you will.

Trading was difficult below 3 it was nt almost all morning. I started looking on the back of a cross ramp from a poster who spread the rumour and disappeared.

it soon opened up for me on hl

Timor, what is wrn? What happened there and why’s it alike?

My view is they brought these guys in to get the ball rolling, it’s been two months since they spoke of identifying possible suitors - let’s see!

And what’s the consensus over there on telegram? Was their any info on the rumour

Its a strange one, why hasn't the suspension by the FCA appeared on LSE?

It is also very strange how a poster appeared this am posting about a buy out, touted it far and wide and has now deactivated their acc? What do they know and what was their motive?

Temporary suspension good or bad, so hopefully we hear tomorrow as its hard to justify a suspension without reason.

How can you suspend with out an RNS? I only have a small punt so no big deal.