This might be why
"The estimates released by Linc on Wednesday were classified by the consultants as unrisked prospective resources - the lowest category of certainty - because of their ‘‘lack of commerciality or sufficient drilling’’......
.....As the consultants wrote: ‘‘There is no certainty that any portion of the prospective resources estimated herein will be discovered. If discovered, there is no certainty that it will be commercially viable to produce any portion of the resources.’’
"
I see further downside in the SHORT TERM. I repeat... SHORT TERM
Read more: http://www.theage.com.au/business/20-trillion--not-reality-check-for-linc-oil-find-20130124-2d8zf.html#ixzz2Iy4vlk2U
http://www.theage.com.au/business/20-trillion--not-reality-check-for-linc-oil-find-20130124-2d8zf.html
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