In my opinion, there are quite a few wrong statements there.LNC...

In my opinion, there are quite a few wrong statements there.

LNC has a lot of cash coming in, doesn't it? The $1.5b hasn't been pulled yet.

Oil prices at $50 - temporary price drop at the moment, again, in my opinion. I've reviewed peak oil enough to know that the price will increase steadily over the coming decade, and then it could go exponentially.

There are other players trying to perfect CTL at the moment, and some companies have some very good ground (and a lot of it). Be interested to see if LNC's head start and underground aspect of the project makes or breaks it. Pioneer in Australian terms.