What a load of rubbish,
No comment on gasifer #6 in Wyoming, has it been permitted? This was suppose to have been done last quarter but I get the feeling that it has not been mentioned, it has not happened. They should have started drilling it by now!
No comment on Pre FEED for GTL plant, suppose to have been June.
As for the Haystack #1. As of 30 Jun, 400plus metres, and they have not hit TD of 1200m 20 days later? It must be a massive logging program (sarc)(I wish)
Did not even mention the ERG deal being pulled.
They did not drill for coal in Alaska, they did not drill for coal SA, they did not drill for coal in Wyoming! Apparently they did not produce any oil in Wyoming. With all this work not going on, I can't wait for them to start doing something.
Hopefully the next quarter will show some results. Though it is hard to see them producing CO2 for EOR by the end of the year.
I will not even mention coal sales.
Rant off
Dicko
Ann: LNC Quarterly Report and Appendix 5B , page-2
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