Mr Mcgee, yeah it seems that it is always in the future that things are supposed to improve dramatically.......but I like nice surprises and christmas presents so cmon PB, put on your white beard and red coat and get into the spirit with contract signings in China this season. The GCL commercial terms agreement is still on the linc website, the GTL 6 month testing ends mid November, the IP patents are filed, PB says UCG will have a good year this year - what could possibly go wrong? ;)
I think they can get there (commercial UCG) with persistence, time and focus or I would not have put my money in. Prior to the notes issue I was just holding till the next quarterly oil production update sorted out the projected cash flow concerns. Today I jumped in deep at 0.555 in the last few minutes because it didn't look like my 0.55 order was going to make it in.
Good luck to all investors.
LNC Price at posting:
55.5¢ Sentiment: Buy Disclosure: Held