annual report.

I have just finished reading the annual report.   Yes, there has been a rehash of words BUT one new and interesting segment really stood out to me...........


"The Asian market will be a major focus for the Company going forward as it offers significant opportunity for Linc Energy and our
patented UCG technology. Consequently, positive steps have been taken to provide market entry that should yield access to
several key regions and deliver project opportunities in the 2015 financial year.
Countries with abundant stranded coal resources of interest to Linc Energy include Bangladesh, The People’s Republic of
China, India, Indonesia, Inner Mongolia and Malaysia.
Vietnam
Linc Energy has a business cooperation contract with Vietnam National Coal and Mineral Industries Group (VINACOMIN) and
Japan's Marubeni Corporation to undertake a trial UCG project in the Red River Delta region in Vietnam. The three parties have
signed the works and civil works contracts for stage one of the trial project planned for the Red River Delta, located about 60 kms south east of Hanoi."



Do you notice under Vietnam, the involvement of MARUBENI Corporation?   You may or may not be aware that they are our fourth largest shareholder.   They are heavily involved in oil/gas in the Gulf of Mexico plus they build GAS fired power stations in the USA.   Slowly but surely I see our strategic plan in Asia becoming a reality.   With a major shareholder like Marubeni, becoming involved in a JV, surely a step in the right direction!