re: Ann: LNC to Decommission UCG at Chinchill...
Hi all
I'll enquire about LNC/HC once it delists ... will get back to you.
Its been a while since I dropped into the LNC threads and I was gobsmacked at the delist, but more the shutdown of Chinchilla ... has "world class" been redefined? Imo, if the technology is a goer and HQ are domiciled in Brisbane why I ask? Never did get the long and oft promised complete technical report due 90 days after firing up Gasifier 4 ... that was right where LNC lost me (after 6 months grace).
Imo, UCG will have its day, but it wont be in Qld or Australia ... I was really into the thought that Australia could have been a world leader in this technology ... it only needed an honest government not doing deals over greens preferences imo.
Dex
LNC Price at posting:
$1.37 Sentiment: None Disclosure: Not Held