You said "LNC did not terminate the contract with Ergo Exergy until more than 3 years after Dr Walker was asked to leave"
I have read the fine detail of the prospectus and the best interpretation I can give LNC is that they had a tremendous lend of the truth as to the real relationship with ERGO.In fact Blindermann has always been a Walker supporter.Thats why LNC got into bed with the Russians
Walker choose to leave as Bond outsmarted him by taking over the Qld $20 mil debenture at about 5c in the dollar,thus giving him a massive paper profit of about $200mil today.
Only time will tell if the GTL (gas to liquid model) is more rewarding in the less complex gas to generate power into the grid.
CXY Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
