LCK Chart..., page-238

Hi TSLE1,
As announced on the 24 May, 'the 2P reserve announcement has allowed the advancement of negotiations with multiple potential strategic partners with significant operations domestically and in key international markets '.... and 'discussions with offtakers and gas purchasers have progressed to the point where LcK has engaged legal counsel to draft and document these commercial arrangements'...with this in mind we are almost 2 months since that announcement.... these big off take agreements can take a long time as they are complex and involve significant amounts of money exchanged or agreed to. To make matters more complex.. they are dealing with 'Multiple' businesses which adds another layer of complexity. When will all this be announced and finalised? How long is a piece of string? Personally I think 3-6 months.... but who knows I could be way off. Anyhow, the thing to draw comfort from is that negotiations are advancing. Good luck all.