Yes I'm a fool for suggesting Linc will trade at 30 cents I think it will actually be lower and hers why! This info is what I've located in the latest report
I suggest you look on page 4 of the report for December 2014 there is listed liquids available at the end of the period which is $103 million if you then turn to the end of the report you will find the forcast anticipated budget for the period of 31 03.15 this is stated as $101 million (62 million included in the early repayment of the U.S. 50 million note plus interest ) So on the 1st of April 2015 according to the forcast Linc will have $2 million in the bank Wonder how they will pat their 6 month interest bill of 30 million ? Just something for you to ponder Firthy
LNC Price at posting:
99.5¢ Sentiment: None Disclosure: Not Held
