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$1.00 lakes blue energy nl

Ann: DHR: Lakes Oil Acquires 100% of NavGas Pty Ltd, page-24

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279

30/01/17

11:48

Post #: 22212044
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Originally posted by happydayz ↑

And yet the buy volumes are starting to rise from being very nothing to 10 mill buys and today 9 mill volume.

Looks to me like positions for an outcome about the legal processes or the new dark horse venture in QLD which is the only state without the fracking ban.

Or is it LNG prices are going to have a boom whilst transitional periods occur, and the closure of Hazelwood is signalling that energy prices may skyrocket.

It's all a bit up in the air at the moment I guess. Anything may happen. it's just good to consider outcomes.

Maybe?

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Agree Happydayz, buying in the past few days is interesting. Maybe small traders taking a punt and hoping/wishing. I do think that the new LKO management have sufficient horsepower and will to get real about their business. If they cannot achieve anything in Victoria they will find alternative activities. DHR is the start of things.

LKO Price at posting: 0.2¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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