LCK Price, page-1508

Wow so much hate and malice on this forum that it is kind of sad reading it. I bought in today higher than the current price but that doesn't bother me in the slightest. I have not read the whole forum so if somebody has already mentioned it then my apologies for repeating but I had to make mention of the Moomba gas plant in SA for anybody worried about their investment in LCK. Firstly LCK has just proved up a larger resource than the 115 odd fields that supply the Moomba plant. LCK is over 200km closer to Adelaide than Moomba and has a highway running right next door whereas Moomba was stranded before Santos moved in. Although it has less resources than Leigh creek it has been online for nearly 50 years so it is easy to expect LCK has a 50-100 year lifespan. Moomba pumps gas to Adelaide via a 790 km pipeline and to Sydney via a 1160km pipeline, so people saying LCK is stranded and how are they going to get their gas out have no idea what they are talking about or purely here to downramp and should be ignored. LCK has a resource that every single gas major in the world would now be eyeing off and it is in the most favorable jurisdiction in the world. Inpex's Ichthys project (which I am currently working on) is a $40 billion project with only 12 times the gas of LCK. Are you going to tell me someone won't spend a billion dollars to fund the installation of a plant and pipeline to produce from LCK's project? If you believe they won't then you simply should not be investing in oil and gas. I won't be posting here again as I'll just be watching from the sidelines (more fun that way) but I'll be accumulating this for sure. Oh and Australia imports nearly all it's Urea so it is an untapped market even if they head in that direction.