I always anticipated the potential for a longer wait period for LCK's 2P upgrade given their deposit and process differs from traditional gas plays and probably adds complexity to the assessment process.
My concern was that interest would wane during this period and the SP would drop off but the support we're seeing around the current price range is encouraging and says a bit about how the market views the projects potential.
Once our resource is legitimised, comparisons with other producers start to hold more water and the reduced risk should add depth to the pool of potential investors.
Its a much easier decision to hold now than it was a month ago, patients is your friend, good luck all.
Dave
LCK Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held