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Ann: LCK receives Environmental Approval, page-45

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  1. 5,862 Posts.
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    I would imagine that "getting out" in front of investors (particularly the big guys) will now become a priority for LCK.

    The last few months they have been focused on getting the all important environmental approval - without which the project was dead in the water.

    In addition, they have been burning cash keeping the lights on while standing still waiting for the approval.

    I picture management sitting in front of a white board right now laying out the game plan from here (in between checking on the share price).

    They also have to formally apply for drilling and construction approval (rubber stamp) to actually start assembling the PCD.

    All of the bespoke equipment is already built gathering dust at Ottaway Engineering; upon approval LCK will start pouring concrete pads and trucking the gear to site. They'll be champing at the bit to bolt this sucker together and fire it up.

    They won't be sitting around drinking champagne right now, it'll be all hands on deck.

    IMO
    DYOR
 
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