Question
Shareholders and interested parties all know about the Emerald Coal Asset negotiations.
Shareholders and interested parties are seeing the success of this negotiation (into a sale) as a way of raising capital, and also as a means of revaluing the LNC share itself. (If there's 1.5 Billion in the bank, well, that's going to make a 500Million company look more like a 2Billion company isn't it!!)
My question is this....
Then why are these assets not seen by investors as an ALREADY IMMENSE ASSET Linc owns? I mean why isn't the asset itself a part of the total value of the company or it's potential asset value?
Seems a bit weird we only want to see one channel when that channel in one form or another actually exists.
I want the sale to go ahead as any person who sees this as a potential. But I also think the market is hedging itself for the cash rather than the asset, and also not factoring in the wealth of the asset as a means to further cash if needed as collateral.
OK I know it needs to be developed.
- Forums
- ASX - By Stock
- LNC
- question to hot copperites
question to hot copperites
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LNC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online