if we see no (Exxaro or other) ann the stock will drift down over the next 6 weeks....
If we see an Exxaro ann it will mean commercial UCG is actually going to happen somewhere and that Linc can take up to 49% of the project.
After Exxaro deal is done they can focus on the Arckaringa farm in.
Exxaro signals are positive given recent comments by their CEO but the deal is not yet done so we will all sit here waiting for a sign in the meanwhile..... A period of uncertainty in the meanwhile
LNC Price at posting:
$1.76 Sentiment: Hold Disclosure: Held