LNC 0.00% 99.5¢ linc energy ltd

$20 trillion shale oil find surrounding coober, page-2

  1. 14,110 Posts.
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    hehe - that should get peoples attention Jono!

    I posted some back of the napkin maths on this last week. At the time i was saying *if* arckaringa = bakken...... in theory if Linc can sell 10% of the Arckaringa acres at 30% of bakken acre prices we should see a multiple of the current share price based on Arckaringa alone...

    Dont know if it will pan out so sweetly in the next few months unless a BHP or Shell or some such get involved but wouldn't that be something special.

    I'm loving this rolling good news of the last few months - when should I take some more profit though - am i getting greedy? I was thinking $2.25 to sell next 10% but now i think i will say $3. Might not have to wait long either...



 
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