LCK 6.06% 17.5¢ leigh creek energy limited

LCK Price, page-279

  1. 9 Posts.
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    Just a few small bumps along a successful path. No big deal.
    From this quote below, what do they mean by energy content?
    I know that LCK achieved 7 times the desired flow rates. What do you think these two factors(energy content and flow rates) say about their resource and a potential sufficient amount of reserves?
    Could these results be a clue that a reserve upgrade will indicate a good number? Perhaps Monash investors have done their own analysis but wish there was further explanation.

    "We expect a jump in share price from here, when a substantial proportion of its 2C resources get upgraded to 2P, and we are optimistic that they will given the energy content and flow rates reported"
    and
 
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Currently unlisted public company.

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