Agree Weldad. Why the hell would you invest in Australia at the moment if you have what they have in Alaska?? I daresay the first plant will be nearby to their gasifiers producing gas for the Alaskan pipeline, right where they can re-use the CO2 for oil stripping. When I think about that, I realise this is the exact reason I have been holding LNC for the last 4 years. Imagine, selling gas at a premium, re-using the by product - and producing S*loads of diesel - right at a time when there is about to be a diesel shortage!! (due to shortage of light crude from Libya etc etc) If I was PB, this would be my focus - all in the one place.
LNC Price at posting:
$2.97 Sentiment: LT Buy Disclosure: Held
