Im sure the SA government will approve LCK to progress with their commercial stages since Australia is seriously facing a gas crisis. Heavy gas reliant manufacturers are struggling to keep operating due to high operating cost. They are urging governments to seek various solutions, including finding new ways/method to obtain high quality gas.
In the past 4 years, LCK have been consistently validating the fact that this provenISG technology can be successful in a commercial application. Once 2P upgrade is achieved, it becomes a "significant stepforward in both the Company’s future and providing gas in the Australian Energy Market.”
LCK is committed to work alongside regulator, experts and community to make sure this message gets across since technology and understanding of operating ISG safely have advanced.
Here is an interesting Q/A answered by Energyquest CEO
What do you see as the biggest challenges right now for the domestic gas sector?Finding the next source of gas for the domestic market is the biggest challenge.
Exploration needs to increase, and be supported.We need to move past popularist government policies, to support the adding of new supply.
What priority policy and regulatory steps do you support for addressing the east coast gas “crisis”?
Long term consistent policies should be set to support industry risk takers. Australia has extremely remote areas which struggle to find market demand support. Governments can facilitate access to markets, for example buying gas to generate electricity in a way which supports the early stages of gas appraisal and development.Recognise that the time frame for gas projects and LNG do not always match the manufacturers or gas users preferred time frames. There will be disconnects from time to time, and policies should be set which smooth these bumps.
Legman, you've held and known this stock for almost a decade. Looking back, dont you see what LCK have achieved? They've been through dust and storm but still gained support and continuously proving there can be no link made between the Linc project and LCK.
So why not put faith into the company and management team for their great accomplishments so far. No risk no rewards.
I strongly believe LCK may be the solution to soften Australia gas crisis.
All imo and gltah
