Ahead of last GM to pass the final tranche of shares to CNE, Grant Thornton valued shares in the company as high as $0.42, and that was before the approvals process had even commenced, and while LCK also had insufficient funding to build and operate the flaring facility.
(https://www.asx.com.au/asxpdf/20170914/pdf/43mbpw0q33jp14.)
Also worth noting to any new comers, CNE came in as a corner stone investor in LCK and paid above the market value for the final tranche of shares. To me that wreaks of confidence in the LCEP.
Post approvals i have no idea, and at the time of posting looks like we might be set for another positive day.
Benign banter and price predictions, page-44
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