LKO 0.00% $1.00 lakes blue energy nl

Jay...Maybe time for all to keep "feet on the ground"..as any...

  1. 1,544 Posts.
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    Jay...Maybe time for all to keep "feet on the ground"..as any price
    spike will be dependant on quality of judgement..

    E,g ...if Judge feels that Lakes has every right to fulfil it's obligations
    under the existing Retention Leases..i.e move to production..then
    market should react favourably...

    But hey, there are 27 billion shares on issue...so expect any positive price
    action to be also meet with a wave of selling..bit like bucketing water out of
    a leaking boat..to me any price spike driven by "traders' could probably
    see a halt at around 1c...a little similar when Gina bought in...

    But clearly, the Andrews Govt. is well on the back foot now that
    Peter Marshall has threatened "to spill the beans' on the old Dan..

    So , I guess expect maybe an appeal by this incompetent Govt. if judgement goes haywire
    as any further loss of "political" capital in election year..maybe a" bridge to far"

    Cheers
 
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