Ann: $18 million Capital Raising, page-98

So alot of the perception that negotiations may not be finalised this month seem to stem from the idea is that there’s a bit of a “leaky ship” and SP has risen in advance.

Consider this. A number of major announcements have been achieved more or less within an expected period. And prior announcements have progressively narrowed that timeframe down. So it’s also a reasonable possibility that clued in investors have wanted to get on board, and SHs have been less likely to sell, pushing price up.

there have still been some announcements that have come more or less out of the blue, or had no specific run up for that announcement. The PPL for example dropped 10% in the 2 trading days preceding the announcement, there was some growth befire that, but could be post PFS SP rise.

so, if LCK is not a leaky ship... and this agreement has the potential to massively move SP, then BoD of both companies would have to be exceedingly cautious of keeping it tight lipped until its official, as this would be the most likely announcement to draw scrutiny of ASX if it goes up 150% in the week following announcement (I can dream). My point is, I’m not completely ruling out that a deal can be closed and TH announced in the next few days.

I’m confident that JP and PS will get the best deal for the company, even if it means taking an extra few weeks and forfeiting their performance incentive options.. I’m heavily in on LCK, so it’s a nervous wait, but it’s not impossible that we go into TH this week, otherwise I’m sure we’ll get an update.,they’ll know SP will take a hit because everyone was expecting the deal to close following comments made in the webinar.

GLTAH!