Australia's largest stock trading and investment forum Australia's #1 stock forum

LKO

Click for more information

0.00%

$1.00 lakes blue energy nl

Ann: Capital Raise Underway, page-21

First 21 Last

Share
Profile

Follow
patjohn

240 Posts.

36

04/10/23

21:44

Post #: 70177564
Share

Originally posted by wicketkeeper: ↑

Reports in the press this morning state that offshore gas production in Victoria has dropped significantly in the last 12 months and to meet demands gas will either have to be imported from WA via construction of gas terminals in Victoria or an increase in local production. Gas terminals will take years to build and the gas crisis will have well and truly eventuated by then. Construction of off and on shore wind farms seems to stagnating because of environmental concerns so what is the alternative?. Already people at Barwon Heads and Torquay in Victoria already cannot access gas for heating during high demand periods. (conveniently overlooked by the press) but this problem will only increase as supply pressures increase. Unless Andrews or his replacement blink then this state is headed for an horrendous energy crisis which is of the government’s own making which only they can solve . So allowing LKO to proceed is a logical solution plus the royalties would be very handy as well. Therefore I’m taking up this new offer as for the relatively small amount involved as I have followed lakes for years. In for a penny in for a pound. Hope I’m right.

Expand

I did too.

LKO Price at posting: 0.1¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

As Nvidia cools, we're looking to Aussie AI

SBW

Shekel Brainweigh investor presentation webinar – the future of retail automation

PRU

Perseus Mining boosts stake in Predictive Discovery to 19.9% as latter's flagship project stalls

BIT

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

RMX

Red Mountain Mining: record gold prices, two projects, two greenstone belts

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

CBA breaks trading record on strong day for Aussie financials

QML

Metallurgical testing shows saleable copper and pyrite from QMines' Develin Creek project

LAM

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

OCC

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

First 21 Last

Add LKO (ASX) to my watchlist