LNC 0.00% 99.5¢ linc energy ltd

re: teresa value, page-40

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    re: teresa value Dan, I enjoy your posts mate, but please check figures before posting.

    Total cost of gulf oil assets was $236m, Of which $130m was borrowed at very low US interest rates and cash component for balance.

    At 31 Dec 2011, the total debt, being all non-current (ie. not payable within 12 months) was $127m, so the $350m figure you use is way out. Thus you would think would skew-wiff your assessment by quite a degree on realizable assets net value by $233m.
 
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