"Linc Energy’s total budget (excluding some oil and gas capital requests) will be able to be fully-funded from the positive cashflows from the USA oil business, which is expected to yield an operational cash surplus of AUD15m for the Company for FY13."
All of the money from the Adani project invested to produce 15 M in 2013 and im meant to be excited about the future.
Give me a break guys!!
Yes I invested in Virgin Australia at 38 cents.
If it's good enough for the Eithad Air to pay 44 cents and ask FIRB for approval to buy another 5% then it's good for my money. Virgin will put the final sword into the fatally wounded QANTAS
LNC Price at posting:
62.0¢ Sentiment: None Disclosure: Not Held