$300m oil deal looks sealed, page-17

Hi pd,

I believe you are wrong with regard to Linc and UCG long term plan.

UCG/GTL is the end game for Linc but in the meantime Linc is also complimenting the end game strategy with conventional oil and gas plays. UCG/GTL will ultimately supply all of Linc's oil fields with CO2 which many majors are currently doing in Wyoming and surrounding areas. And successfully as well.

Linc's strategy is all about getting coal leases and oil fields with the goal of producing synthetic diesel. A by product, CO2 also enables Linc to implement EOR into their oil fields. For now the CO2 will be purchased but within 18 months the CO2 will be supplied from Linc's UCG/GTL plants.

I don't think people give PB enough credit. Like I said in a previous post, Linc is still trading below "real NTA". There is no "blue sky" or future earnings value in the current share price. ZERO!!!!!!!!!!!!

We are now not talking about 10,000bopd.......it's now more likely to be substantially more in multiples.

$300m spend on oil fields is serious business.

Get on or miss the ride..........

The US is where Linc will make it's name.

:)
Nic