LNC 0.00% 99.5¢ linc energy ltd

happy yo listern to peter bond, page-9

  1. 37,691 Posts.
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    Well, I remain sceptical.

    An expanding workforce and increasing overheads in the absence of income is not sustainable.

    Something big needs to happen soon imo.

    $500 mill is a helluva lot of cash to have had and now not to have in the absence of an income stream to replace it.

    Could the assets that have been bought with the part of the $500 mill that has not been funding operations now be sold for a profit?

    PD
 
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