Yes the only problem i see and i dont want to be a downer is that the govt has the right to do what it wants within the law. So if they were advised to shut down all inland exploration, can even the SC reverse that. At best they can compensate Lakes and take back the permits. Then thats fair and equitable with some cash in the back BUT Lakes is left locked out for another few years till Libs can get back. I am bracing myself (as always) for the harsh reality which is stocks and the business world- yes it sucks but that reality!
Anyway lets not get ahead of ourselves and as others on this forum point out i tend to always be the "rational logical" poster and leave emotions out of these things as it has no place in the SM. At the very least i would welcome cash with no drilling as at least we can stay solvent for a while longer...
We have to wait to see now as talking wont change what will be
LKO Price at posting:
0.2¢ Sentiment: Buy Disclosure: Held