Today the reserve bank increased intrest rates by 50 basis points... fact.. inflationary pressure at all time highs... fact... lastly and importantly energy prices are skyrocting.... fact . In my humble opinion these three factors alone are a huge positive for lakes. especially when labor formed a majority government without any independent influence. this means soon the economic pressures on energy prices alone would have to mean a couple of reaistic outcomes... 1 increased government spending on energy resources here in Australia, 2 advancement and greater focus of local energy exploration and production to assist with supply pressures both locally and internationally. honestly you dont have to be a brain surgeon to realise that with regard to energy supply/demand issues via exploration and increased productivity we can curb rising energy costs. Well here at lakes especially the well at womabt has plenty there why not get that site permit approved asap and help households out a little with their energy costs... We have heaps to help out with...
- Forums
- ASX - By Stock
- LKO
- Economic factors impacting Lakes
Economic factors impacting Lakes
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LKO (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.00 |
Change
0.000(0.00%) |
Mkt cap ! $58.8K |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
LKO (ASX) Chart |
Day chart unavailable