Ann: Urea Manufacturing Facility Binding Heads of Agreement, page-201

Great question.

Until a binding agreement is announced, with terms, folks are gonna speculate.

This company, this management team, have methodically jumped every single hurdle that has been in their way.

"Won't produce commercial gas" - Successful PCD demonstration

"Wont have a viable business" - PFS, focusing on Urea/Fertiliser, shows just how cheaply we can produce and just how viable that business potentially is.

"Won't get government approval" - PPL granted

"Won't get funding" - HOA announced and MD goes publicly on the record to indicate terms around a 70% funding arrangement with a company that will build it for us too.

If they put the funding on their balance sheet, well that's another huge vote of confidence.

Next it will be, "Won't get the remaining 30%" ..


At some point, the inevitability of this project and the odds favouring LCK management will come to fruition.

Pending a good financial agreement over the coming weeks, I think that this is the turning point.

I've bought another 700k shares at 0.25 ... so I'm putting my money where my mouth is.


Have a great weekend all !


Cheyne