cxy trading halt, page-7

Szaba

I suggest you forget the "QLD UCG" opportunity for a while. Even if the QLD government move in favor of UCG, it doesn't mean that LNC will build a commercial plant in QLD. If you read/listen to PB's comments he doesn't seem interested in doing UCG in QLD or possibly in Australia. UCG targets will most likely be in markets with high gas prices, i.e. not in Australia. Furthermore, LNC doesn't have the funds to go it alone so it makes more sense to do JV UCG projects where the economics make more sense...this excludes the USA, so I would forget UCG in Wyoming for while too.