G'day LKOers.Either something is starting to brew or the punters...

G'day LKOers.

Either something is starting to brew or the punters are getting on board in anticipation.


As I see it, LKO is a great prospect for a SP run in the next few weeks:

* Wombat 4 is a classic wildcat that offers the usual potential SP run just prior to spudding. Given its location, the likelihood of gas shows are higher than usual wildcats. Given the way gas shows in the earlier Wombat drills sparked the SP in July, a similar result could happen here if they hit gas.Remember that the SP went on initial flows - punters did not wait for extended results.
* Wombat 2 and Wombat 3 offer a potential positive surprise. No totally sure when we will hear but having 2 additional potential SP movers will add some appeal to investors.
* When action heats up, Rob Annells has good access to media in Victoria. This always helps to get the message out and the punters in!

After a 265% profit on the first trade (see earlier posts), I have been accumulating LKO at close to a 1c average now. Snout back in trough ready for another feed!
Just a little more patience and dinner shall be served!