Hi MarketingMan, You are not too far away from the truth. As a reminder for some people...in April 2019, the Australian Independent Investment Research' valued LCK between 32 and 62 cents per share with their preference being at the upper end of the SP valuation....now that we have achieved some significant milestones since then, including further de-risking events such as Pre-feasibility studies; identification of alternate possible future energy sources (i.e. Hydrogen); diversification into other portfolios; securing the Petroleum Exploration Licence (PEL) and Petroleum Retention Licence (PRL); strategy for being carbon neutral by 2030; Completion of environmental monitoring program; with potential revenue of over 26 billion dollars...I could go on.....and then we are looking at PPL...it is no wonder that a new valuation would actually push us past $1....just watch this space. You never know folks. Nav
LCK Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
