I suspect we will see a steady climb in LNC this week. It's been 2 weeks (come Tuesday) since Peter Bond stated in his BRR interview '2-3 weeks until liquid'. Linc employees are not allowed to buy shares during this period, as per their contracts. The above scenario does however hinge on a positive court verdict.
LNC initiated a SXP takeover at the perfect time, and now QGC are trying to dismantle LNC in what they believe to be the right time, before LNC successfully produces diesel. I believe the LNC site tour during the energy conference has been cancelled because PB will be too busy fighting an office battle with rich & cunning CSG players.
LNC Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
