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Ashes86

460 Posts.

118

21/02/19

12:04

Post #: 37514277
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Originally posted by MarketingMan: ↑

They're called Greenies and they are swinging voters.
If labor needed to buy Green Votes to win an election they would do it.
That could see them promising to kill the project.
Of course, in politics, nothing is guaranteed, remembering most of the enviro feasibility work was done while Labor was in power.
And against winning green votes they would need to balance delivering on their economic credentials (always a tough one for Labor) - and LCK in full production would generate royalties (and God knows we need it).

The outcome of all this is unknown - that's called risk.

Expand

Spot on MM

There is also now a body of knowledge around how to safely operate an ISG facility in this state - that was the point of the PCD / trial!

The regulator has already shown their decisions are based upon science, not politics - that's why the trial was approved.

SA Supreme court also ruled that the DPC's decision to approve the trial was valid.

As far as i am concerned political risk is now minimal.

LCK Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
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Last 1.1¢		Change 0.001(10.0%)		Mkt cap ! $22.82M

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No.	Vol.	Price($)
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Price($)	Vol.	No.
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No.	Vol.	Price($)
2	206728	0.011
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0.013	10000	1
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0.017	212562	3
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