It's a monster and has been flying under the radar.
Several re-rates coming...
1. Flare
2. Confirmation of flow rates, quality and composition
3. Resource re-rate from 2c to 2p.
By my calculations, that's worth a $1.00 per share by Christmas.
Leave aside deals that will then come out of the wood work as others try to get a piece of the action (and most of it will be Chinese driven).
The interesting thing is the potential flow on affect to the rest of South Australia's resource developments. This project will become very public, very quickly aided by LCK recently appointing a PR Manager.
The liberals will be using LCK as exhibit 'A' demonstrating the State is open for business and has untapped mineral wealth. Add this to the Cooper Basin, Carrapateena Copper (Oz-Minerals), and Olympic Dam.
About bloody time.
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