LKO 0.00% $1.00 lakes blue energy nl

Ann: Onshore Conventional Petroleum Exploration in Victoria, page-6

  1. 741 Posts.
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    CB:

    I think LKO are counting their chickens before they hatch.
    If you remember back in 2013 when the moratorium was imposed on onshore fracking, LKO at the time intended to develop the Wombat wells with conventional lateral drilling.
    The then resource minister Russell Northe stated that the ban should not apply to LKO and the matter would be sorted out and the work would be allowed to continue.
    Not only did the work not continue but they extended the ban to all onshore activities fearing the backlash to the National Party vote with the upcoming election....they still lost the election and the rest is history with that retard Andrews being elected.
    You can take it to the bank that Andrews or should I say the Resource Department will come up with something to screw over the LKO shareholders again.
 
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