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Ann: Leigh Creek Energy Produces Quality Syngas, page-47

  1. 196 Posts.
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    Can I try put an optimistic spin on this news + Appendix 3B announcement? Perhaps they've reached commercial flows so there's no need to retain the infrastructure on-site. You'd think that if they produced syngas but not at commercial flow rates, they'd retain the infrastructure and apply to have another crack. As for the Appendix 3B announcement, would this timing not be coincident with some significant milestones in the future? Secured funding of the plant, commissioning of the plant, first export of product etc are all milestones which anybody would love to buy in at 25c and 35c. Finally, I follow LCK on LinkedIn - At the end of last week they shared a post where they were mentioned in a journal with the hashtags #resource #energy #syngas. If things had completely gone wrong, I'd think they'd disappear rather than raise their profile before announcing a failure. I'm a serial optimist so this may just be my nature leading me down the wrong path, but I hope my optimism is driven by science and a clear mind...
 
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