Time to hold your nerve.the big picture is all about Peak oil /energy security LNC can produce high quality diesel at $30/barrel ,LNC can produce CO2 as a by product to clean energy.CO2 flooding can release oil from depleted fields of which the US has an abundance (research Denbury Energy) The current weakness is market related which is currency related/is there a perception that the high AUS $ will deter buyers re teresa ?Given the reported interest in Bandanna I doubt that -worst case senario there may be a delay .Note the high AUS will give LNC some serious buying power in the US re more oil fields and construct GTL plant
cheers VAN
LNC Price at posting:
$2.72 Sentiment: ST Buy Disclosure: Held
