LNC 0.00% 99.5¢ linc energy ltd

short term vol with sellers but you HAVE to read the report...

  1. 4,783 Posts.
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    short term vol with sellers

    but you HAVE to read the report today.

    PB is either going to be laughed out of the room or come back with a LOT of money, or neither,(how would i know).

    Anyway, read the report.
    extract

    It is estimated that there is 1.6 Trillion
    tons of unmineable coal suitable for UCG
    in the US.
    Lawrence Livermore National Laboratory.
    • 1.6 Trillion Tons of UCG Coal
    • On a 50% recovery rate = 800
    billion
    • On 1.5bpt gives us 1.2 Trillion
    barrels
    • At US $100 per barrel USD$120
    Trillion potential revenue



    i'd be happy with a slice of that. No, a sliver of it!
 
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