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Hi Fellow Lincsters, I found this infor on another forum:

" Another interesting read about Linc in US by Paul Jensz of Philip Cap. following his recent visit to Alaska.
Still very Bullish on Linc.

COMPANY Linc Energy Ltd | LNC | $1.53 /share | MCap $768m Date: 17 May 2013
RECOMMENDATION Buy | High Risk | $4.50 /share target (Previously –Buy | $4.00 /share target)
EVENT 1QCY’13 LNC Oil and Gas Report & Alaskan Update | Path to doubling ownership of Umiat is clearer
KEY POINTS
• Before we went on our May Site Trip to US Gulf and Alaska, we estimated that LNC’s US Gulf operation would generate US$300m cash flow by end FY’17, and earn LNC 42.3% ownership of Umiat’s FY’18 50kbpd project
• Four important May’13 developments allow LNC to double its ownership of Umiat, and give LNC access to US$900m/a+ EBITDAX from FY’19 with ~$50m/a development expense.
• One - US Gulf delivered target EBITDAX of US$27m in 1QCY’13, and with five drill rigs (two added this quarter) and four work over rigs, LNC is on track for 8,000bpd by 31 Dec. 2013 and cumulative US$300m by FY’17.
• Two – LNC’s Umiat #18 100m core sample (with 33m of Net Oil Pay sands) should confirm the consistency required across the oil field with 11 historical wells. This is an important step to take 155mb 2P reserve to 1P.
• Three – Alaska is due to sign a number of Bills into law, which lower exploration, infrastructure and production costs for energy developments such as LNC’s Umiat. Reducing LNC’s funding from US$1.4bn to US$0.60bn
• Four – LNC is on its way to earn the right to develop Umiat with OK from local towns, North West Slope Government, Alaskan Government and Federal Government.
• We estimate doubling exposure to Umiat is worth $1bn ($1.70/share) to LNC after Ryder Scott improves Umlat Reserve from 2P to 1P (Nov’13 to May’14 Drilling) and LNC completes Environmental Impact Study and Feasibility Study (CY’15).
• In the short term we increase our 12 Month Price Target 13% ($0.50/share) to $4.50/share due to: LNC passing stewardship trial during drilling; extracting drill core in first drilling season; and, Alaskan Government intentions"

Now, where does all this info fit into a Bollinger Band?