$1.50, page-3

two easy,
For your information I moderated the post MYSELF as I decided it was not worth it if PB took offense to anything I said.

I could give you many companies that are cash flow positive, make a profit, have strong balance sheets, great management and have huge potential upside but as this forum is about Linc it is not appropriate to talk about other companies.

If you still think Linc is a low risk investment then that's up to you.

My personal view is that Coal in Queensland is in serious trouble which makes both the Teresa sale and Adani Royalty now very high risk.

Projects in Australia are getting axed by the day so any decent Shale deal is unlikley.

We still have no China or Exarro deal.

The US oil is still cash flow negative.

Cash burn is still horrible.

Alaska was a disaster.


So which bit is low risk and when will the company start making a profit?

And as for the dividend and share buyback, had they not done either they would not now be paying 12.5% interest on a $265M USD bond.