LNC 0.00% 99.5¢ linc energy ltd

courier mail sat, page-22

  1. 198 Posts.
    Unfortunatley in reality the article is way out of date now - that was back in the days when the big game in town was the 20,000bbl GTL Plant in SA and a BIG Power Station (600MW from memory) was gunna make its presence hooked up to the big UCG play in the Ororoo SA. Today the 20,000bbl GTL has shrunk to 5,000bbl - and who know where and when this plant will materialise and the Power Station (and SA UCG project) are no more. It`s Oil...Oil..and more Oil!!. Tell the EOR stories of vast increases in oil flows....throw in some more coal tenements to try and sell....and we got ourselves a business here. Lets hope the strategy works soon....looking for that all important entry price...but maybe not yet.
 
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