Ann: AGM Presentation, page-31

Gina Rinehart is one of lakes oil main investors now with spot price of iron ore going to $100. per t, may encourage her company to invest further into lakes oil.
She just purchased Atlas , last year , what a smart move .Who would have known the disasters over seas. All of Australia's major miners have traded up on the news, as investors forecast their margins to be much higher over the coming year.

Atlas Iron's board has given its approval for the company to be taken over by billionaire Gina Rinehart for $390 million, or 4.2 cents per share.
She still owns shares in lko , sees the potential I think .