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99.5¢ linc energy ltd

I am somewhat disappointed about the royalty stream sale, I know...

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captainj

26 Posts.

28/08/14

20:33

Post #: 13890378
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Originally posted by LNC-Link ↑

Twoeasy...I tend to agree... I dont like to sit back and say PB shoulda done this or shoulda done that.... because at the end of the day he has picked up a lot of the assets very cheaply.. Its obvious that cash burn needs to be controlled better and medium term the Gulf Coast was meant to address that. I dont like the Adani sale but I dont know what other cards PB has up his sleeve....again its a wait and see game..

Mark its great to see you back and this forum really suffered without your input..Great work chasing the SGX. I hope your here for a while??

Core or non-core or good assets v great assets ??? I think PB is concentrating on putting the money from good assets into great assets and thats OK with me..

This cash could be being re-directed to more than we think or are being told!

Linc is not your average company is it??

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I am somewhat disappointed about the royalty stream sale, I know it was a few years away but that steady revenue stream would have been nice and was a good asset to have in the wings. If they don't use this cash wisely I will be moving on. Been a frustrating 12-18 months from my perspective, lots of potential but we need positive cash flow projects to get moving.

LNC Price at posting: 99.5¢ Sentiment: Hold Disclosure: Held
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