LNC 0.00% 99.5¢ linc energy ltd

teresa coal tenements, page-14

  1. 2,480 Posts.
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    Dan, if the buyers are Chinese or Indian, then the processes they make you go through are exhausting. They just dont throw hundreds or billions without a lot of exhaustive DD. The Indians according to PB, are far worse than the Chinese. Dont also forget that one 42% shareholder in the coy is a good dealer, and wants his pound of flesh represented in the sale price. Then you also have to have respective Govt approvals.
 
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