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Icon Energy Holds Steady at $431K Cash, Awaits Key Petroleum Lease Approval
2:11pm on Tuesday 29th of July, 2025 AEST
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Energy
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Icon Energy Holds Steady at $431K Cash, Awaits Key Petroleum Lease Approval
2:11pm on Tuesday 29th of July, 2025 AEST
Key Points
Cash balance of $431,414 at quarter end
No exploration activities conducted in June quarter
Awaiting final grant of Petroleum Lease PL-1144 from Department of Resources
Plans to negotiate joint venture partnerships post-lease grant
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