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$1.00 lakes blue energy nl

Economic factors impacting Lakes, page-5

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Robbo3333

2,781 Posts.

293

08/06/22

14:11

Post #: 61894493
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Originally posted by ich: ↑

the 'large buyer' you refer to are actually pretty tiny, especially if you compare them with the numbers traded once a potential gas/oil field is being drilled. We traded at 0.002 when we drilled Qld recently even though we had no real expectation of finding much. Once we start drilling Victoria's fields which are proven fields, then we'll see huge volumes traded and presumably the SP increase markedly. The only issue is when will we get Vic Gov site approval??

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I think he was comparing todays and last Friday’s buys a lot more compared to what have been seeing lately.

LKO Price at posting: 0.1¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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