LCK - within yesterday's announcement & associated press that followed the following stand out...
- One of eastern Australia's largest undeveloped and uncontracted gas reserves on par with mining giant BHP's east coast 2P Gas Reserve
- The reserves within its Leigh Creek project are approximately the same size, on a 2P reserve basis, as the entire Cooper Basin
- The company holds a larger 2P reserve than the Otway, Bass, Gunnedah, Clarence-Moreton and Galilee Basins combined
(Emphasis added by myself)
IMO This will raise the eyebrows of serious O&G heavy hitters & also IMO there is nothing any of us minions here on HC can do to get in the way of an absolute avalanche of buying given the sheer size & strategic importance of the asset to the east coast gas market.
Should be fun & reminds me of the huge multi-day re-rates the likes of GLL / GAS / CVN received upon their initial discoveries...
- Forums
- ASX - Day Trading
- Day Trading Pre-market Open - 28 Mar 2019
LCK - within yesterday's announcement & associated press that...
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Andy Udell, CCO
Andy Udell
CCO
SPONSORED BY The Market Online