LNC 0.00% 99.5¢ linc energy ltd

So long as they fog the mirror until Feb when the Dalby court...

  1. 14,313 Posts.
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    So long as they fog the mirror until Feb when the Dalby court decision comes in.

    If the court decides there is no case to answer Linc could potentially sue the QLD govt for the costs of persecution and damage to reputation as well as commercial lost opportunities as a result of the unfair actions.

    It may also clear the way for Linc UCG project approvals around the world BUT with oil < $30 cant see investment by third parties in UCG happening in a great big rush. A win against QLD govt could help them survive till oil price returns.
 
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