The first indications was in last years annual report, it was not written in bold script but if you read between the lines there was an indication of problems. So I asked PB at the Sydney diesel dash. His response was, they had hit some areas of sand, so the coal was not fully sealed by shale. He did say there was still some hope for the leases, but did not go into detail.
Linc has so many huge prospects, they just need to get one over the line to get established, and to me early money is the key, which I believe the Wyoming UGC-EOR is the way to go. I just wish they would get on with it. I would hate to think there are licencing issues with UGC in Wyoming.
They would have told us, wouldn't they?
Dicko
LNC Price at posting:
$2.81 Sentiment: LT Buy Disclosure: Held
