Agree Eagles that these appointments are a set in the right direction for LKO. Having a reputable company in charge of drilling (ie. BPT) also adds credibility for LKO.
While they won't move the SP by themselves, they will provide investor and trader confidence when re-fraccing/drilling finally gets underway.
It seems to me - given volumes and SP over the past 3-4 weeks - that investors, speculators and traders are all waiting on an update from Boundary/Wombat. Once this happens, like you, I see a SP run.
With the proximity to Melbourne, commercial flows would be superb for LKO. Don't forget the impact of the press. When Womabt was being drilled last time, the Victorian press gave LKO plenty of coverage. The slightest wiff of smelly-stuff from these drills and the SP will run on big volumes.
Anyway...bring on news I say!!!
Looking forward to a SP run very shortly.
- Forums
- ASX - By Stock
- LKO
- Ann: Director Appointments
Ann: Director Appointments , page-4
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LKO (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.00 |
Change
0.000(0.00%) |
Mkt cap ! $58.8K |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
LKO (ASX) Chart |
Day chart unavailable