This landed in my e mail today, it looks like we are beginning to get some attention.
Leigh Creek Energy (LCK) Speculative Buy Recommendation.
Good Afternoon from the Pulse dealing desk.
As you may be aware Pulse Markets have worked with Leigh Creek Energy for several years. Recent announcements reported to ASX by LCK show that the near term share price catalysts for Q4 are;
1. Pre-feasibility study.
2. The granting of the PPL Petroleum Production License.
3. Off-take agreement.
The government of South Australia is the body that will make the decision as to whether or not LCK will be able to enter into the next stage of commercialisation, by granting it the PPL or Petroleum Production License. Please see following link to Invest in South Australia which is a South Australian government website.
Pulse Markets analysts see this development as a positive step towards LCK obtaining the PPL which is vital to their success and bringing shareholder value.
Like all countries in the world affected by Covid-19 every government is looking for ways to create jobs. Here is a solution for South Australia.
The following chart shows the recent weakness in the LCK share price over the last 12 months, however recent buying support shows investors are taking positions ahead of these announcements.
A Speculative Buy is recommended.
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.85M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $300 | 59.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 16973995 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 17482086 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 16973995 | 0.004 |
67 | 76268406 | 0.003 |
60 | 116068953 | 0.002 |
21 | 158150000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 17482086 | 11 |
0.006 | 4767104 | 6 |
0.007 | 1429689 | 3 |
0.008 | 458400 | 2 |
0.009 | 700000 | 2 |
Last trade - 10.06am 28/08/2024 (20 minute delay) ? |
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