LNC 0.00% 99.5¢ linc energy ltd

Ann: Change of Director's Interest Notice , page-9

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  1. 181 Posts.
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    Brian is also the Executive Chairman of another ASX-listed company, Envirogold (EVG) and from what I can gather, he has been extensively financing it over a prolonged period, whilst waiting for Mac Bank to settle on financing terms for their gold recovery project.

    So, I suspect he (or his family entities) just need the cash because he is trying to be supportive elsewhere.

    From memory he has a pile of shares, so this disposal isn't such a big deal.

 
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