Fwiw, I think Dictionary has added a sensible cautionary alternative view to the sale process and possible outcomes. Indeed, what he/she mentions can only be dissmissed by brave souls imo.
I dont subscribe to the "you have to hold shares to post" view ... as some of you are no doubt aware lol.
But, if ??? the coal asset sale or sales are completed and LNC ends up with a few lazy billions in the bank it would be a truly remarkable situation. The pressure to add real enterprise value for shareholder from that point onwards will be enormous.
No more "world class" announcements will be tolerated imo ... LNC imo will need "world class" ucg technology, ucg to liquids techology and above all else world class results to progress.
Notwithstanding the above thoughts, LNC sp could easily overshoot fair valuation on announcement of any coal asset sales.
Cheers
Dex
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