Ann: Annual Report to Shareholders , page-7

I would have to agree that Beach and their up coming work is the only hope.

There has been so much BS in the past but Wombat and Boundary Creek is no joke. The potential is huge, very huge. LKO have some very good prospects, which are worth much more then the current 18-24m market cap.

By the time Beach complete their work the SP should have had a significant rise. And if results are positive as expected then those that have bought in at .3 or .4 will have made some massive returns.

I'm still on the sidelines myself at the moment but I am prepared to load up big.
I would just like to see rigs booked in, expected work programs, and a bit of buyer interest at .4 etc

Theres no point holding in this economic climate without certainty of the fraccing and some genuine interest in the company.

But be ready, as the SP may move quickly when it does start to move.