LCK Price, page-1567

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04/04/19

19:03

Post #: 38001892
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Originally posted by BangForYourBuck: ↑

OK here we go. Feedback from RBS Morgan's today...

Tony Lawry said they are in talks with 6 big name companies currently. Negotiations are quite complex. He said that he couldn't say whether a deal would be struck next week, next month or even next year but they are definitely talking to some BIG companies.

I'm not sure if TL actually said what comes next or this is my sources spin from here. The company would need to have a minimum market cap of $500m. They would look to shore up a deal to supply a third party with fertilizer for say for 30 years where LCK gets a percentage of income and the returns were indexed somehow. Personally that sounds like an example for one of many potential deals that can be done.

Back to TL talking about the percentage of fertilizer that Incitec Pivot supplies to Oz (going off memory now) but it was tiny leaving plenty of room for LCK to pick up the slack. 150 million tonnes of fertilizer used in Australia annually from memory.

All told, stating the obvious this is the next huge catalyst for the stock but he just can't give a time frame. The important points were there are 6 potential partners and negotiations were complex (as you could imagine).

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Wow!!! fantastic update!! this keeps me highly motivated to stay the distance!!! I'm extremely encouraged by this news. thanks BFYB!!

LCK Price at posting: 28.5¢ Sentiment: Buy Disclosure: Held
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Last 1.1¢		Change 0.001(10.0%)		Mkt cap ! $20.92M

Open	High	Low	Value	Volume
1.0¢	1.3¢	0.9¢	$112.0K	9.997M

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No.	Vol.	Price($)
2	206728	1.1¢

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Price($)	Vol.	No.
1.2¢	85000	1

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No.	Vol.	Price($)
2	206728	0.011
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3	375611	0.008
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Price($)	Vol.	No.
0.012	85000	1
0.013	10000	1
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LCK Price, page-1567

Mesoblast resubmits US FDA application for approval of Ryoncil in children with graft vs host disease; shares dip -4%

Orthocell shares jump on record revenues from sales of collagen bone repair devices globally

Patagonia looks to raise $2.15M for South American exploration and development

Spartan sniffs 126g/t gold ahead of resource upgrades at WA's Dalgaranga

Scandium a priority metal for Sunrise as it plans feasibility update at Syerston

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LCK Price, page-1567

Top Stories

Mesoblast resubmits US FDA application for approval of Ryoncil in children with graft vs host disease; shares dip -4%

Orthocell shares jump on record revenues from sales of collagen bone repair devices globally

Patagonia looks to raise $2.15M for South American exploration and development

Spartan sniffs 126g/t gold ahead of resource upgrades at WA's Dalgaranga

Scandium a priority metal for Sunrise as it plans feasibility update at Syerston

Featured News

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Featured News