All good points, and I do admire your optimism regarding share price. However, unless we gain PPL, what future has the company got? What are our then options? Without knowledge to the contrary, I see receiving PPL as a must have or else (a boom or bust event). I am trying to ascertain the process involved in progressing form PRL to PPL. For my peace of mind, I just need to know. Someone might be able to provide some insight into the process.
These are my concerns regarding any possible headwinds the process might encounter: - Does the government call for, or take, submissions? If allowed, the anti-carbon lobby will be all over this like a rash. (Re Santos and Narrabri). - Given its predisposition toward renewables, how sympathetic will the government be towards gas?
If we are prepared to pay 7c with the uncertainty of not having a PPL, it should fly if we get it. It would need to some disturbing news to hold it back, particularly now that we have good cash reserves. J L.
LCK Price at posting:
6.8¢ Sentiment: None Disclosure: Held
