You have to be joking.....5-10 years...if LKO lose this one it is turn the lights off on your way out...they will be insolvent.
Directors taking shares in lieu of salary.
Selling off of assets.
No money or substantial backers for future exploration or development.
SA prospects down the drain with the election of the Libs and a ten year moratorium on fracking.
Miniscule gas reserves in QLD permits.
From the time being taken in handing down a judgement it is likely we will get something in excess of 60 pages of Legal BS to justify the verdict to uphold the actions of the Andrew's government and see the LKO shareholders screwed.
LKO Price at posting:
0.2¢ Sentiment: None Disclosure: Held
(20min delay)
