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timmi

1,620 Posts.

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18/08/18

11:55

Post #: 35011370
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Originally posted by Charlie'sbucket ↑

Let paint a picture IF this is on the table from the decision
If we get to drill, then it will just be business as usual and many years to any full flow and rev- maybe a little within a year- SP will jump to 1c to 5c maybe after halt.

If we are awarded 1 billion dollars or even half of that - the second the trading starts after halt, the SP will skyrocket to maybe $1 (total guess) or even better even allowing for the large registry- All money will be sold from other stocks and sent to LKO plus new buyers- everybody will be panic buying. Cash in the bank is real value and Lakes will go from nothing to rich instantly so that is what we should be hoping for. Drilling is expensive and time consuming with no guarantee of anything- so as i say "cash is king"

Also another CRITICAL point,
If the court is considering damages ect on loss of earnings on the wells, where do they get their data from?
The govt Figures??? or independent survey if there is one. Or do they go on Lakes numbers or general estimate of the area?. This may be tricky. Have they been delayed as they wait for Govt numbers and info requested and is VIC govt still doing survey?
Is the Vic govt supplying data that will cost them TONS of money? Hmm
Just some ideas OMO and every week we are closer to a maybe new exciting chapter and frantic trading...

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would be hard to value lko at anything more than 10cents a share whatever the record payout as there are so many shares in circulation. im betting at best 5cents a share if the payout or decision is damages in excess of a billion

LKO Price at posting: 0.2¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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no..no..no..no......no....ah.....yes, page-4

Top Stories

Havilah hints at resource expansion from Muturoo drilling in SA

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game