LCK Price, page-161

It could double from here which still only puts us at a MC of $190m.

It will definitely go onto the radar of the big players and a possible JV or takeover could happen.

There might be other news such as offtakes pending on the news of the upgrade to 2P.

Management mentioned they have over 12 parties interested in buying gas from them.

If part of the reserve is upgraded to a resource (about 1/3) that would put us ahead of BHP and Exxon who have 910PJ.