From the Pulse Markets email....• LCK has the largest...

From the Pulse Markets email....


• LCK has the largest uncontracted East Coast 2P gas reserve

• This chart below puts LCK on a page with some giant names

• That 1,153Pj is from just 1/3rd of the total resource LCK has at Leigh Creek

• LCK have proven they can produce commercial quantity and quality syngas with no environmental issues

• The SA Govt has issued LCK with a Petroleum Production License (PPL)

• The local market for Urea is huge: ~2 million tonnes p.a and 95% is imported!

• LCK have indicated they can produce and transport Urea for ~A$150 per tonne

• Initial annual urea plant capacity of 1 million tonnes p.a is planned

• The current retail price for Urea is ~A$700 per tonne

• LCK current market cap is just $117 million dollars