I have been a shareholder for over 20 years (since around 1998) when they were 6c - 7c a share. I follow all announcements and read each one and have seen many disappointing results, have been involved in many capital raisings and many unfulfilled potentials on the way down to where the measly price is now. I have lost all confidence. They have not ever announced officially that they have found any guaranteed commercial quantity of extractable gas/oil. They have only ever said "potentially" and "promising" even with fracking. This company owes me a mint.
LKO Price at posting:
0.3¢ Sentiment: Hold Disclosure: Held