Have you seen the income that Yerostigaz produces?
$1.4 million in 2011. $2 million in 2010. Then there is cost of sales and then payment of salaries for 200 employees. What a great investment.
What was the idea behind Linc Energy purchasing this operation?
Answer: Linc Energy's acquisition of Yerostigaz has added over 200 experienced employees to the Linc Energy team. This has allowed Linc Energy to access and protect significant UCG intellectual property, and will assist Linc Energy with the commercialisation of UCG across the western world.
http://www.lincenergy.com/acquisitions_yerostigaz.php
http://www.ergoexergy.com/news/news_snippet_061110.htm
The terminated relationship with Ergo Exergy co-incides with Linc's purchase of Yerostigaz.
What a stupid move.
I don't see where you are going.
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