LKO 0.00% $1.00 lakes blue energy nl

CR & Wellesly-2 well Queensland updates

  1. 213 Posts.
    lightbulb Created with Sketch. 20
    A soft reminder to LKO

    Following extensive discussion with the ASX, on 20 October 2021 the ASX formally advised the Company of conditions to be satisfied in order for trading of the Company’s shares to resume, and extended the timeframe for meeting these conditions to 1 January 2022.
    The key conditions to be satisfied are:
    The Company is required to raise at least $3.55m capital; and
    On-site earthworks are to be commenced in preparation for drilling of the Wellesley-2 well, in Queensland.

    Unless ofcourse it is 1st January 2023

    Cheers !!!
 
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