LKO 0.00% $1.00 lakes blue energy nl

Ann: Lakes Oil to Appeal Judgement, page-25

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  1. 143 Posts.
    lightbulb Created with Sketch. 10
    Yep Kuddles.
    With in that statement it goes on to say "50% probability". With that much proven gas the government wouldn't have banned drilling in that area, as the tax income would be huge. LKO has always come up dry. Tell me Kuddles, have they made any income on drilling since they formed? When they consolidate and the price drops, l may then look at buying.
    At 1.3M in the bank, they will have to go back to the shareholders for more money, with the drilling program planned in other states.
    Go easy on the retard ol mate, as you may live in a glasshouse.
 
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