SA Government Gazette 12-11-20, page-27

There are many in the oil & gas industry who have been pooh-pooing LCK and predicting that it would never get-up.

This is the conservative side of oil & gas who think that unless you drill a hole it's not really an oil or gas project.
And LINC Energy (in QLD) tarnished the reputation of ISG.
Combine that with the ban on Fracking in the South East of South Australia (a position supported by this Liberal SA government), means that IF and WHEN the PPL is released - many will be truly SHOCKED. I mean shocked to the core.

Gas in general is also under a cloud at the moment (look at Cooper Energy share price history) - can't seem to take a trick. So anything gas isn't getting much investment attention.

All waiting for the Federal Government to define an Energy policy that navigates through the conflicting ideologies - gas pollutes less than coal, but for many it is still burning hydrocarbons and therefore not clean enough. Plus the inability for Australia to meet internal gas needs at realistic prices (lack of supply) while locked into overseas contracts at low prices. While the policy landscape is not clear and some state governments won't approve on-shore gas projects - no one will bother investing.

People still think LCK is a GAS project.

Right now this project is simmering along under the radar.

When (and IF) the PPL is announced, might take a few weeks for the ramifications to sink in.

It will be the first ISG project in the Western World to get approval. That's a BIG headline.

After investors absorb that information, they might then take a closer look and join the dots....UREA...optionally HYDROGEN.
And then look at the business case.

Will take a few weeks for it to sink in.

I am predicting an initial rush-up in share price, bit of a pull back, then a steady rise to something truly worthwhile.

IMO
DYOR.