I am beginning to wonder if the commercial developement of UCG is all but a pipe dream. After all the years or development.gasifier 3,4,5,6 etc and the so called supportive governments in SA and various state govenments in the US not to mention the spin late last year that there were all these companies around the world lining up to pay for or go into joint ventures with linc. Even the QLD government after many years of evaluating Linc's technology and were to hand down some sort of decision earlier this year are still undesided. How long does it take? Nobody any where in the world seems to want to take a risk. It might be easier for Linc to sell condo's off the plan for the south side of the moon.
LNC Price at posting:
$1.53 Sentiment: None Disclosure: Held