Ann: Linc Energy Withdraws from Coal Sale Transaction, page-6

It's future depends on how much money it can raise from this rights issue. If WHE gets enough to stay running for the next few quarters then there's hope that a bump in Uranium prices might help the share price, or a bigger fish sees some value in the UCG/Uranium assets and is keen to obtain them. I can't see what the hell else this company is going to do other than hope to sell the assets it has but does not have the means to do anything with, and if they don't raise enough cash to stay afloat for long enough then the company won't even have the chance to do that.