cxy trading halt, page-12

Szab,

You know I know the plant in Chinchilla is the home of a 25bpd OCG FT reactor, there's no argument on that point from me. I also never said [nor did Homey] that QLD is on a banned list? Just that PB has stated repeatedly that it's not a priority.

What I did say is that we're ONLY a feedstock provider. North America can provide more feedstock options then cattle at the moment so we need OCG more than they need us and the lack of a signed binding deal between us and them should make all of us nervous. Do I think it’s on the way? Absolutely. Am I thinking about Chinchilla as a value adding component to a future LNC market cap without it? No chance.

As for supply of the FT reactors. That’s a problem for all of OCG’s customers and is currently being rectified by the expansion of Ventechs manufacturing facility. The lag time from order to installation is still 18 months and I would not want to see GCL, Exxaro or D-tek put second to Chinchilla in the case of a positive QLD government decision on UCG. It would show poor faith to make those paying clients wait behind us.

That's NOT to say Linc can't provide SNG on any number of contracts and still produce a good profit if it all goes to hell. It's also NOT to say that our GTL hopes are dead in the water. It 'IS', just a reality check.

There is a lack of reality floating around on the LNC threads at the moment.

But this is the fact. OCG are moving. We're not:

http://www.oxfordcatalysts.com/financial/fa/ocgfa20130220.php