The resource will be worth something like 4-500 million over its life, and that's just for PRL 2. Add the other Wombat lot and you're staring down the barrel of close to a billion dollars of gas at current market rate.
Unless I've misread or miscalculated that is an insane set of assets to be sitting on particularly when you can just plug it into a nearby existing pipeline.
I slapped a little on LKO as a bit of a punt and now I'm sitting here thinking jesus this could actually be huge.
- Forums
- ASX - By Stock
- LKO
- Ann: Lakes Acquires 100% Ownership of PRL 2
Ann: Lakes Acquires 100% Ownership of PRL 2, page-21
-
-
- There are more pages in this discussion • 6 more messages 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
|
|||||
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