Ann: Update on South Australian UCG Program , page-21

Bruski

"If Linc had sat there and just waited for the QLD government to change their mind how would us share holders be looking at that decision?"

I could be cheeky and answer "I could say shareholders would have been no worse off" lol.

I get your point, but I dont agree with it.

The announcent had a few unremarkable words "subject to necessary approvals" or similar.

Whether in Qld, SA or anywhere else in Australia, UCG or any extractive development has to achieve all the appropriate environmental approvals ... anything less would be irresponsible.

LNC has overlapping tenement issues in Qld ... other ucg plays in Qld do not. LNC in SA do not.

Not a really big advantage being in SA imo.

Cheers
Dex