LNC 0.00% 99.5¢ linc energy ltd

Ann: Half Yearly Accounts , page-8

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  1. 2,502 Posts.
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    Yes Lory, thanks for pointing out my oversight. This would change the comparison to:

    2011 net loss $44,574,00 vs 2010 net loss $25,187,000

    Obviously this accounts for ramping up new businesses. Time will tell if the ramping continues into making this profitable but I think it will.

    I think the biggest problem is that PB has cried wolf too many times with asset divestments being on the horizon. Hopefully he gets his credibility back with a done deal soon.

    Otherwise I for one am happy with the way the operational side of the company is going.
 
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