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Hard to argue with you MMReality is that much if this can be...

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Ashes86

460 Posts.

118

13/02/19

18:28

Post #: 37427651
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Originally posted by MarketingMan: ↑

This is either the buying opportunity of the century or a slow ride to the corporate cemetery.

No doubt LCK are running around trying to pull some cash on board without getting raped too badly.
And maybe their Chinese partners are getting a little difficult to negotiate with.

Technically, if they've crossed the barrier in to "we can make gas", and that claim is real then surely this project has a future.
However, there is going to be some uncomfortable financial gymnastics required to top the bank account up.

The macro share market is not being kind to spec projects at the moment and a deflated share price isn't a good look particularly after having achieved so much de-risking progress.

It's hard for the market to separate in it's collective mind the difference between the effect of the macro-market and the project itself - which one is most responsible for this project slipping to below 10 cents ?

The next 2 months is going to be a nail biter.

IMO
DYOR

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Hard to argue with you MM

Reality is that much if this can be sorted out with an announcement or progress update

Last edited by Ashes86: 13/02/19

LCK Price at posting: 9.7¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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