LKO 0.00% $1.00 lakes blue energy nl

You know it and I know it Ian, but others may not know this....

  1. 280 Posts.
    You know it and I know it Ian, but others may not know this. Although, the sudden increase in buying is most likely due to the Trifon project and market confidence rebounding.

    Lakes have stated, the Trifon Tight Gas Project is funded by our Joint Venture Partner Jarden Corporation Australia Pty Ltd to the extent that the first $5 million of expenditure contributed by them will earn a 50% interest in a defined area which covers both the Trifon and Gangell structures.

    We are delighted to finally get this project underway and remain confident that we will produce gas in commercial quantities from both the Trifon and Wombat projects.

    The stock is currently oversold and chart indicator are begining to look good at the moment.

    Ace
 
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