Hi Goldbull. thanks for your reply. Good to see you around the...

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seanbuccs

585 Posts.

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03/07/16

05:18

Post #: 18179661
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Originally posted by Goldbull22 ↑

If u read the last presentation and value the asset at one fifth of the value and add cash backing it should be through 50c in my opinion. This stock has a very real asset in an area with very real demand. The options mean nothing about the trading range, in my opinion if the stock was above the strike and the holders excersie it would be a cash boost without much dilution and an incentive as the parties that took part in and an 30c placement obviously belive it's worth more then 30c. Once the liberals win the election and gas flaring is completed I think 70c would be a fair estimate. Am I the only one who thinks Shanghai energy and parties on the ground plus government participation (see last report) means this is a real asset. For those that hold and invest in this for the long term this is a wealth creator. My holding will be sold around a dollar in the next 6 to 9 months and if I'm lucky enough to get any options they will be sold minimum as a Disallowed.

All my opinion.

By the way a stock that rallies nearly 100% in the last 2 days of the financial year as a new director comes in doesn't look like it had a real reason to be there other then a liquidity issue in the stock because it's so tightly held.

This will do an LNG move once a few more boxes are ticked and the market wakes up.

All my opinion and speak to ur advisor instead of reading opinions on hot copper.

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Hi Goldbull. thanks for your reply. Good to see you around the traps here again. You seem to have good timing with regards to LCK. More luck to you.

Im always interested in other peoples opinions, what would be the point of hotcopper if we werent interested in other peoples opinions. Cheers.

LCK Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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