Well if that isn't a statement nothing is. This isn't just about a potential plant construction project for CCCP. They aren't going to be sending the big boys down with measuring tapes to step out a project when they have the local John Holland boys and girls for that.
It looks to me that they are coming to watch the gas flow, rate and quality and go away and assess how this impacts future coal/gas/power/urea projects in China. I hope LCK have got Justin Haines and the tech staff on very tight contracts because they are soon to be very employable people
IMO if this thing flows good gas there is no way this isn't an immediate takeover target. Never mind the Chinese....every buyer of gas in Australia is watching this begging for a supply agreement.
What ****s me off is that this company, which has 7% of Australia's onshore 2p resources is 1/3rd owned by the Chinese who were the only ones prepared to back it, and here is another Chinese company - a global giant - coming down for this. Meanwhile Juju needs to heal because heating up some coal in a cavern the size of a bus 600 metres under rock in the MIDDLE of nowhere underneath an absolute wasteland that is near no water.......is going to hurt his feelings. And people wonder why there is an energy crisis
Anyway, well done LCK
DYOR
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