Home > 2011 nominees > 2011 Northern region nominees > Peter Bond - Linc Energy
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Peter Bond Linc Energy
With a long history in the coal industry, Peter Bond saw a unique opportunity with a coal conversion technology called Underground Coal Gasification (UCG). In 2004, Peter bought a UCG company called Linc Energy. He took his vision, to use low value coal for cleaner energy solutions, to the market, listing on the ASX in 2006 and the New York OTCQX in 2007. Within a few years, he had turned an unlisted, struggling and unknown company into an ASX200 global innovator valued at over $2 billion in two years.
Since listing, Linc Energy has experienced exponential growth in staff numbers, coal, oil and gas resources, with a growing global presence and a number of overseas offices. Peter is currently progressing several IP patents developed as part of Linc?s latest generation of UCG technology.
This year, Peter was recognised as one of BRW?s Top Ten Richest Executives. His goals for Linc Energy are to support its continued levels of growth while maintaining strong controls and not over stretching its finances.
LNC Price at posting:
$2.78 Sentiment: LT Buy Disclosure: Held