54m shares traded on 12/01/16, page-6

The problem I always had with developing UCG outside of Australia is how does the company protect its IP.
As soon as China, Russia and others find out how UCG properly works they will just do it by themselves as they own the land where it would be implemented so why would they pay Linc Energy a heap of cash just for the technology when they can steal it for almost nothing.

My guess is that all these previous potential deals were done by other countries to steal the technology.
If I am right then what chance would Linc Energy have of taking legal action against companies in China or Russia for stealing the technology....answer zero %.

The only chance Linc ever had of making money out of UCG was to develop and implement it themselves either in Australia or by purchasing assets oversea's and developing it there.
In Australia its just too expensive and they don't have the cash to buy any assets oversea's so I just can't see them ever implementing a profitable UCG project unless oil hits $100+ again.