CCC 0.00% 0.1¢ continental coal limited

botswana and linc energy , page-9

  1. 1,459 Posts.
    Abas I have no doubt that the information you have provided is factual from your point of view...

    However CCC investors should be aware that Linc are currently short on capital and are actually drawing down on debt at present pending a licencing agreement between themselves and GCL Poly (a chinese company)...

    Check the Linc reports if you have doubts...

    The only way I can see Linc becoming involved is if they licence their UGC technology to someone like Adani (indians)to be used to create syngas for power station use or GTL to create liquid fuels from coal.... And Adani or (said indian investors) would have to be the ones putting up the capital for any project.

    Linc and Adani have previous ties as in 2010 Adani purchased the Galilee Coal asset from linc for cash $500M and royalties worth ~ $2.5 billion.

    Disclosure: I hold Linc and have reposted your post on the Linc threads for comment.


 
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