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Lakes Oil NL

ASX:LKO
A$0.235Close 7 Oct 2026 · delayed

Past year: ▼ 83%(23.5c – 1.52 AUD)

Market cap
A$21.9m
Shares on issue
93.3m
In-ground value
A$4.75bn
Risked multiple
under review
Story beats
200 since 2006
Last event
21 Aug 2026

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

2 July 2012drilling progress report● Neutral

Armour's re-release: Holdgate-1 at 2,730m and drilling ahead toward revised 2,800m total depth unless basement is hit earlier. Duplicates Lakes' 2 July update.

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26 June 2012drilling progress report▼ Bad

Armour's re-release: Holdgate-1 at 2,405m after mechanical difficulties; drilling expected to resume within hours toward a revised 2,800m total depth. Duplicates Lakes' update.

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26 June 2012drilling progress report▼ Bad

Holdgate-1 at 2,405m hit mechanical difficulties; drilling was expected to resume within hours. Proposed total depth was extended from 2,500m to 2,800m. No new result.

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