LKO 0.00% $1.00 lakes blue energy nl

Very happy the drill is almost finished and some test results to...

  1. 2,248 Posts.
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    Very happy the drill is almost finished and some test results to come soonish.. but
    Reread the Offer documents and it says that the money will be used for the QLD well and the start of the VIC exploration, giving the impression theres not enough? for the whole drill of VIC and it also basically says Wellesley has to be successful to keep the ball rolling in so many words. SO... even with the full 5.5 million, its still a tight rope Lakes is walking (42 billion reg) AND we also assume when time comes for application for Wombat and Otway which is next on the list, the Socialist Lab govt will just ok and fast track all the red tape and make it easy as they have already shown before? Of course if we have a change to Libs before the Vic campaign then all good in every way.
    Just outlining what i think is still a possible battle ahead so we certainly cant relax quite yet..
    IMO and what do others think here rate our chances?
 
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