LNC 0.00% 99.5¢ linc energy ltd

peter, do you want to know why?, page-37

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    Dinglewhat

    We heard it all before........firm bid from 3 parties on Teresa at $500 M plus just working out which one to accept.
    "I am confident that Teresa will be sold in the next qrt"

    Teresa has been announced to death for 4 years and NOW we more to a series of announcements on this Chinese company paying 4.5 times the current share price................PIGS can fly is what i say.


    I say to anyone that what's to listen.


    Which company in the world would pay 4.5 times more than the current share price and be able to explain it to their shareholders?

    Ask yourself this question?

    If the technology was so great why would PB not back himself his team and use it with LNC own leases?

    Why would you go and spend millions investing in oil?
    Or spend $50 M on the frozen Ulmiat in Alsaka?



 
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