Ann: Boardroom media Interview - Petroleum Production Licence, page-28

Oh Pie, you are a very funny fellow. Thank you for your response. I get your point; but never underestimate the will and persistence of the environmental lobby. They came out of the woodwork in their thousands to lobby against Santos and they were mostly non-locals They may have lost that battle but they haven't gone away.

Yes, I still hold 43700 shares in IPL - don't rub it in, but it has improved slightly, I'm still down about 26%. I foolishly averaged down, I get caught every time I am stupid enough to do this. However, I don't currently hold LCK, and nor should you, unless you sold high and re-entered after the big drop. If you held all through the doubling and the pull back you have lost over 30% of you capital. If you recall, a while back, one of the more informed and rational posters put a very good case for the stock to reach 20cents. So I watched it closely as it approached this level. I could not see why it rose to 22cents in such short time, more than double in less that a month. There appeared to be nothing unexpected happening, so it seemed like a good exit level. Its now 16.5cents. Its dropped over 30% in one day. Why, what's changed? I am now looking for an entry point, preferably on a credible upswing. I'll be back. A good weekend to you, too. J L.