I reply to where is the fuel.... a couple on scenarios. 1. The fuel is being tested in different locations for its performance, integrity and data gathering. A market will require this prior to orders being taken, and why not have it established while LNC is still in developmental stage.
2. The fuel is being consumed in test vehicles for the same reasons.
3. The lack of data/announcements on the fuel is being withheld: * So cloning companies don't gain the advantage of Linc's work. * To keep the results of the process under wraps until the commercial side of the operation is established and underway.
The UCG/GTL has been Linc's plan from the beginning, so by giving the opposition any inkling of its success would jeopardise its position and be detrimental to the company and shareholders. Let the secrecy stand.. it's to our advantage.
I can’t help but feel the other companies i.e. CNX,CXY are just hanging off Linc's shirt tails, waiting for the moment to capitalise on its success and process, clone it and have JV set up to fund and carry out a generic system. Linc is well established worldwide with assets in its portfolio both core and noncore. It is setting itself up to breed and multiply, and you would have to be very short sighted not to see this coming. B1212 mentioned some weeks ago that Linc was to make good ground before Christmas and I'm sure we're about to see this happen. He will reading and waiting in the wings preparing to gloat about this outcome.
Good luck and good fortune to holders
Cheers
LNC Price at posting:
$1.52 Sentiment: LT Buy Disclosure: Held
