Victoria approves further offshore gas exploration and sails into early criticism, page-7

For all long term holders who feel they lost a ton, thats still on paper only- dont worry . If lakes has been preparing all this time for ramp up either now or at election, then they SHOULD have all their "soldiers" poised to get on with business and start making money asap. If we get a decision of compensation only and no ban lift, we will have tons cash in the bank and can wait till next year when the libs let lko drill. If no comp but ban lift (partial) then we can start now with min cash but we are moving forward. I think soon we will be ok whatever the decision and Lakes will have thought of every scenario on decision and will be ready. If not, then its pretty poor management and forward thinking and lakes deserve to fail. They had plenty of time to put plans in place and move a quick as "humanly possible " soon and get this company moving as we hold many leases and Gippsland has gas conventional and otherwise and the "people" deserve better as aust gas will continue to leave the shores as lib's nature is to make money not drop prices for the "people" and hurt business but in lakes case it will work for SH's and release some more gas OR will lakes gas also be sold at high market prices to international and leave Vic with nothing. us SH's will do great , but we will keep paying high bills- even though lakes and other drillers will account for only 10-15% extra supply at best? At least many jobs and industry will be produced and that can only help things as aust heads towards its logical overdue recession and dark times and soup kitchens haha . just my early morning rants OMO only and i just throwing some ideas around.