sale price, page-30

  1. 8,895 Posts.
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    Isn't the production plant supposed to cost $1B. So linc have managed to only get 500 million for the tenement, ie cash in the bank and the rest in royalties over the next 20 years. This means they need to sell the other tenements relatively soon I would have thought (back to the drawing board). I also think investors will be thinking its only 500 million and imo the instos were expecting more, like a lot more cash. The sp told the story today, lots of fluff and when it re-opens it will be lucky to stay at current levels imo.
 
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