LCK This was the takeaway for me - huge upside when compared to a recent transaction
"The most recent transaction that the market is aware of is the sale of the Ironbark project to the Australian Pacific LNG consortium. This was for $231 million for 129PJ of 2P gas, which equates to a value per gigajoule of $1.79. The difference between the $1.79 per gigajoule from Ironbark and LCK’s 13 cents provides some insight into LCK’s upside potential."
Fifty7
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- morning traders 12 / 04
morning traders 12 / 04, page-51
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