LNC 0.00% 99.5¢ linc energy ltd

800 bopd, page-18

  1. 7,580 Posts.
    lightbulb Created with Sketch. 2096
    Hi yanksrule64

    Not sure if I have already made it to your ignore list yet or not .... but just in case.

    I got out of Linc shortly after the corporate bond issuance. My selling was neither about a loss of patience nor a lack of nerve. When I held Linc I was there for the highs and the lows and I was 'all in' on the stock.

    Since selling I have followed these threads and posted about twice. I have never come on to these threads to 'bag' the stock. I am not coming out of the woodwork now to simply find fault.

    The announcement is at best a mixed blessing for Linc holders. It looks to me the saga will run now at least until next season. Debt is the prime concern for Linc now. Umiat needed to be an unambiguous success ... which it is not, going on this preliminary data.

    I am pointing out one of the risks ahead, which in my book is fair comment and quite different to doing my best "to find fault any where" I can.

    I actually hope it works out for Linc holders ... the promise of the Company has always been excellent.




  2. This thread is closed.

    You may not reply to this discussion at this time.

 
watchlist Created with Sketch. Add LNC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.