LNC 0.00% 99.5¢ linc energy ltd

would lnc takeover of cougar be a possiblity?, page-6

  1. 4,783 Posts.
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    Cougar

    Operating trial plant?
    DERM acceptance?
    Own the technology?
    Coal leasesd around the world?


    Truly, I fail to see how this stock is worth even the 1.7c it currently is

    I'd ask the question, if someone_gave_Linc the company...why would they want it?

    And thats even if you didn't have to inherit the debt or cash burn.

    Lets say it were debt free and came with fully funded OpEx

    On that basis, can anyone tell me why Linc would even want this

    Its like Airbus buying a bankrupt company that makes kites out of lead sheeting
 
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