LCK 6.06% 17.5¢ leigh creek energy limited

Kenjikool, I've given up trying to "read" more into...

  1. 3,006 Posts.
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    Kenjikool, I've given up trying to "read" more into announcements through detailed analysis of individual words.
    Even if we agree what we think "significant" means, how do we know what the authors of the announcement meant or intended by choosing that word? Worse, maybe they didn't give it much thought at all.

    It's a pointless exercise.

    I am still thinking 800 Peta Joules is a possibility - my reasoning is outlined here https://hotcopper.com.au/threads/what-is-it-really-worth.4660171/page-91?post_id=37686987 and that's based on 22.8% of the coal identified in the last JORC, combined with a guess-estimated 8% increase in the overall coal resource (updated JORC).

    But, I am not a PRMS consultant.

    Anyway, we will know soon enough.

    IMO
    DYOR

 
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