LCK 6.06% 17.5¢ leigh creek energy limited

LCK Price, page-423

  1. 3,006 Posts.
    lightbulb Created with Sketch. 1072
    ARE THERE GOING TO BE DIVIDENDS!!!!!

    What comes next is the usual (roughly speaking)...
    1. Spending a lot of money (more cash raising) to drill more gas chambers and a BIG processing plant, pipelines etc.
    - OR -
    2. Get taken over (pay day) and somebody else does 1

    It's slightly more complicated than that, because if LCK get to keep the resource, they will start feasibility studies into best options (fertilizer production?, gas production?, power production?), usually a PFS, followed by a DFS etc. then seek investment, then start building stuff. You won't see dividends for 3 years.

    But, a hell of a lot of share trading will go on between now and then.

    IMO
    DYOR



 
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Currently unlisted public company.

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