Only scary if you need to get out - in the short term and/or were hoping to sell at profit in short term.
Personally, I would like to buy more at a lower price.
Thing is, this stock is either going to rocket or crash.
It really hangs on environmental approvals.
If they flare gas successfully it will hit 50 cents pretty fast.
Then we go into Cap Raise for full production (again depending on 2nd stage environmental approvals based on outcomes of PCD analysis).
I don't see the technology or the resource being the biggest issues (but, nothing is guaranteed).
Perfect scenario for me is being able to top up heavily below 10 cents (which is a NICE to have, not a MUST have) and sit on the shares for the next 3 years.
But I am not betting the house on it; this is speculation - so have to only invest what I can afford to lose.
That's just me - I am an LTI.
IMO
DYOR!
LCK Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
