Posty, you always see coys report possible deals, MOUs etc, but it would be very very rare for any coy to report that any good previous announcement had not completed or was terminated. They usually just fade into the distance, so I would not expect LNC to report if this occurred. Instead they would remain in hope that a future agreement came about to replace the previous deal.
This is a general comment in repect of all coys, not specific to what may occur on a tenement sale by LNC.
The only possibility of finding out what state this sale is in at the moment is via the AGM question time.
LNC Price at posting:
$1.55 Sentiment: Hold Disclosure: Held
