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$1.00 lakes blue energy nl

Question will the judge give leave to the minister for resources...

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timmi

1,620 Posts.

99

22/04/18

15:02

Post #: 32612956
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Originally posted by junior101 ↑

Jay...Maybe time for all to keep "feet on the ground"..as any price
spike will be dependant on quality of judgement..

E,g ...if Judge feels that Lakes has every right to fulfil it's obligations
under the existing Retention Leases..i.e move to production..then
market should react favourably...

But hey, there are 27 billion shares on issue...so expect any positive price
action to be also meet with a wave of selling..bit like bucketing water out of
a leaking boat..to me any price spike driven by "traders' could probably
see a halt at around 1c...a little similar when Gina bought in...

But clearly, the Andrews Govt. is well on the back foot now that
Peter Marshall has threatened "to spill the beans' on the old Dan..

So , I guess expect maybe an appeal by this incompetent Govt. if judgement goes haywire
as any further loss of "political" capital in election year..maybe a" bridge to far"

Cheers

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Question will the judge give leave to the minister for resources to appeal and effectively obstruct justice ? Yes judges like to kick things back and say go figure this out yourselves. To what extent is the Vic government prepared to expose their ellectorate in terms of compensation and payout. I think the sums right now will be eyewatering.

LKO Price at posting: 0.3¢ Sentiment: Hold Disclosure: Held
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