Reminder...
http://m.theaustralian.com.au/business/opinion/from-chinchilla-to-the-lion-city/story-e6frg9lo-1226753802330
Linc Energy CEO Bond says the useful pieces of the plant will be shipped to a new location which, pending "active discussions", could be in Hungary, Poland,....
They are in "active discussions" and could be in Hungary.
2 weeks ago...
Elsewhere, Wildhorse said that its search for a strategic partner for the underground coal gasification project was continuing and that it had decided to reduce its costs in line with securing a partnership.
The UCG framework is ready in Hungary so what better opportunity to build a JV UCG demo plant.
The ASX announcemet by WHE on 7th Aug is very telling.....
"the company has recently entered into a non-binding, indicative term sheet with a third party in respect to the steps to progress, and the broad parameters of, a potential conditianal corporate level transaction..."
Another 3rd party entity has appeared, could it be Linc Energy?
Multi bagger in the making
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