LNC 0.00% 99.5¢ linc energy ltd

limelight., page-11

  1. GKC
    19 Posts.
    twoeasy; I am the holder who spoke to you after meeting & asked if you were going to post your summation on HC; pleased to see your report & spot-on with data. Can't fill a couple of your gaps but am so impressed with focus of Peter; he has seen many instances where coy's have been dudded from building plant AT COST, & the cost/time delays just blow right out which can cripple any coy's bank.He wants to work our business model on KNOWN units of cost/scale/set-up times using predesigned virtual production line manufacturing technique: he can simply install the required module units on fundamentally simple pads & simply join up the pipes/cables between modules/inputs/feeds & outputs etc for the selected throughput. Standardised modules also means defined training syllabus for operators too, leads to training up customer's staff whilst work is progressing. More time/cost saved & earlier commissioning expectations.
    Should also mention that peter stressed that we OWN huge coal assets(as per business model) & in fact the 90 Billion tonne holding of Linc's is unparalleled anywhere in the world.
    Have been a watcher for a long time of LNC & a holder of a comfortable parcel since 2008 takeover of Sapex. Will see this through to production & beyond as I steadily grow my holding.
 
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