LCK 6.06% 17.5¢ leigh creek energy limited

Ann: Trading Halt, page-71

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  1. 260 Posts.
    lightbulb Created with Sketch. 10
    Suggest you look at LNG chart way back when it went up to about $5 - it was a multi bagger for many. Along the way from 20 cents to that high it was a veritable roller coaster (FYI about 46 cents now) Anyho, there was all sorts of price manipulation and bullshit going on all the way - and that was with (and maybe because of) a major US fund getting involved (Blackstone?? Anyone?)
    I think it will be a similar story here. However, the critical difference is that LCK is about to announce that they are potentially sitting on one of the largest and most significant gas resources in Oz.
    If they keep delivering on milestones (albeit that sheet ALWAYS takes longer than you want it to), then the only way is up in the medium/longer term.
    But back to my starting point: this will not be for the faint hearted! Especially when big funds get interested - they don’t just shake the tree, they rip it right out of the ground.
    Hold on tight and enjoy the ride.
    Cheers & GLTAH
 
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