LCK - it was great news yesterday but there it' still a long...

  1. ghostorchid
    65 Posts.
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    28/03/19
    12:19
    Post #: 37912869
    LCK - it was great news yesterday but there it' still a long road ahead: 'The PCD (Pre Commercial Demonstration) gasifier will be  shut  down in the  near future. The  project will target the existing reserves and resource using future underground gasifiers. Development  is  anticipated  to  reach  commercial production in 2024. The petroleum   resources   and   reserves   were estimated  based  on  a  commercial  study  for  a power   station   exporting   power   through   the existing   electricity   infrastructure.   See   the   ASX announcement above for future potential options. Environmental approvals are required  for the construction and operation of the future underground gasifiers.'
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