Interesting how we interpret announcements. I thought the LKO...

Interesting how we interpret announcements. I thought the LKO announcement was very positive.

1. It gave a quick account of the optimism surrounding Wombat (especially the use of new technology similar to Warro with TSV).

2. Re-confirmed the sound financial state of LKO

3. DID NOT mention the obvious. Management are buying stock!

4. Of course they could hardly say there was significant information that they had not released, otherwise you are admitting insider trading at a management level given recent buys and volumes.


Given this announcement, I suspect that we won't have a formal announcement for 2 weeks minimum just to give a space between Annells purchases and the SP activity. The announcement does confirm 2009 is going to bring great opportunities for LKO.