Read the announcement history - LCK have jumped through some environmental hoops to get here. SA Government was well aware of the Linc Energy debacle and QLD's ban on ISG. They looked under every rock and measured its shoe size.
Take a look at the Government website http://www.energymining.sa.gov.au/petroleum/projects/prj_leigh_creek_energy_isg#q=Leigh%20Creek - all of the environmental studies and public consultation documents are available for down load; every person and his/her canine companion was interviewed with particular focus on the lunatic fringe. Remember this project got up during the SA Labor Governments "glorious" 16 year reign and keeping sweet with the Greenies was a concern for them, so you have to ask "how did they do it?". Also remembering LCK rose from the husk of Marathon Resources a Uranium Mining company that left some glow-in-the-dark drill cores lying around in the desert and got shut down by the same Labor government.
Ring LCK and ask for the Investor Relations Manager Tony Lawry - he'll answer any concerns, while he might give it a rosy spin, he can't and wouldn't tell you anything that isn't factually correct.
Nothing is a sure thing at this end of the market. But, if you want certainty maybe bank stocks...oh, maybe not...
LCK Price at posting:
36.5¢ Sentiment: Buy Disclosure: Held