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17.5¢ leigh creek energy limited

LCK Price, page-426

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JB23

93 Posts.

9

21/03/19

19:55

Post #: 37844521
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Originally posted by MarketingMan: ↑

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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Cheers for the help everyone I appreciate the effort , the information you long term holders have given help enormously.

LCK Price at posting: 26.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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