afu,i've waited pretty patiently for 16 months for linc to...

afu,

i've waited pretty patiently for 16 months for linc to produce their first liquids.

i will say it is becoming a bit frustrating but i wont get drawn into a debate about where linc will trade at on a daily basis.

my response to your thread title and your trading prediction on that day was valid and vindicated.

this is where i think linc are at,

1/ the plant has been fully commissioned

2/ the burn has commenced

3/ syngas quality and consistency is being monitored for possibly 1 week once all injection/exhaust wells are functioning.

4/ barring any problems, first liquids would be expected over the weekend or late next week at the latest

i'm not encouraged by the past couple of days trading and particularly the 12% fall today and the high volume but the market is down and there are plenty of people who bought early in the week with the expectation of news and who are now possibly taking a t3 exit because its friday.

or more simply, linc is stuffed in the short term because they aint got it right yet.

cheers