daytrades april 14 afternoon, page-15

  1. 7,117 Posts.
    your welcome Boofy

    Have a look at LKO

    the deal they just signed with Beach Petroleum being a 50%farm-in for one of their projects was for $50m which is more than LKO's current mkt cap

    so arguably by extrapolation LKOs 50% of PRL2 is worth its current mkt cap

    so what about its other areas?

    LKO holds a very dominant land holding in the Sth Victorian Gippsland area which in time will become vital for supplying Victorias growing energy needs

    Beach certainly think so
 
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