Lake's Folly is an oxymoron. It produces a highly regarded Cabernet , yet the Hunter is known for Shiraz. It also produces a good Chardonnay in 'Semillon country'. It must be the very specific site that allows this outcome.
The 1998 Lake's Folly Cabernet tastes of blackcurrant, violets, tar and many other things. The wine is earthy. Lake's Folly has a reputation for long lasting Cabernets. I have sometimes been disappointed with their wines once they are 15 years plus old. This one is perfect to drink now. It is a mature wine with a lot of interesting things happening, including spices and silky tannins. I would not cellar this wine any longer, though.