short positions, page-8

You think spending half a billion from Adani sale for 1/2 a 20K barrel a day GTL plant, when you can't yet use UCG to feed a 20K a day GTL plant yet is smart? Glad youre not running Linc. We would have half a 20K GTL plant and a bankrupt comapny.

Sorry, but not sure you fully grasp the progress made on UCG or the herculean, still never been done or attempted, task of using UCG to feed a commercial size GTL plant on a sustainable basis. Again, STILL never been done or attempted.

The stage of UCG GTL technology is right where it should be at this moment as the difficult nut had not been cracked....UNTIL RECENTLY.

If you havent noticed, the stated UCG "projects" around the world are for power generation, but not UCG-GTL.

The oil assets everyone has their knickers in a twist over are smart diversitures. Oil production is up at ERG and climbing significantly.

The 1 billion barrels plus, low depth oil in Umiat is BRENT and we all know where BRENT trades in relation to WTI.

Last I multiplied 1 billion by say a low number like 85 for BRENT I got $85 Billion. WOW what a terrible investment diversification. 50 million for 1 billion barrels plus of BRENT. Even with the 250 million cost for a road or above ground pipeline to the main pipeline it is still a fantastic buy and wait and see the rig ready to reconfirm the Army's drilling results is already up there.

Rumor mill talk is of at least 1 asset already completed.

The HKD or China deal is a go and not any simply MOU by any stretch of the imagination.

Cost cutting has taken place reducing operating expenses.

The Shorters. God bless them.