LNC 0.00% 99.5¢ linc energy ltd

announcement, page-7

  1. 137 Posts.
    A few interesting snippets in this from Morningstar

    "In India, Linc has participated in a tender to develop an underground coal gasification block with one of the country's largest energy resource companies, he said. The winner of the tender is likely to be announced next month.

    Meanwhile, Linc already has signed a memorandum of understanding with Huadian Coal Industry Group, a unit of China Huadian Corp. to form a joint venture and is now looking at different locations in China to begin a project, Peters said. He added that Linc Energy is in various stages of talks with other major Chinese coal companies about possible partnerships.

    In the U.S., Linc Energy has four mergers-and-aquisitions teams looking at potential acquisitions of energy resources in Wyoming, Alaska, Texas, Illinois and North and South Dakota. The company is in the middle of completing due diligence on a "few" acquisitions, he said."

    Here's the link
    http://www.morningstar.co.uk/uk/markets/newsfeeditem.aspx?id=142552112197218
 
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