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LCK Price, page-113

  1. 229 Posts.
    lightbulb Created with Sketch. 55
    Thanks Jim, yep I saw this but I believe it is actually 2000PJ. So Tony's conservative price for the gas @ 50c GJ which takes us to $1bil added to the balance sheet with potentially double this if we can get a price on the top end of the estimate.

    Having another look at the video and Tony's wording illustrates to me the intention to become a takeover target rather than get through to commericalisation - I'd say this is playing a hand in our big ex director selling decisions and keeping prices deflated. He was skeptical and upset about the ability for CNE to negotiate properly however I think his judgement was clouded by some pretty raw emotions. Either way it's chance to pick up more for those that aren't up to the eyeballs, these prices are insane IMHO.

    On another note, @Goldbull22 You've MIA from the LCK threads of late. As a previous frequented Leigh Creeker, what're your thoughts now we are so close to commercially getting the gas out of the ground.
 
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