LNC linc energy ltd
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cash burn, page-7

  1. danhold
    2,015 Posts.
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    02/11/11
    19:26
    Post #: 9231191


    George,

    Wow, LNC with little to no experience in oil has managed with their 4 teams looking for distressed assets in the USA has managed to get some woodduck in America to sell LNC a cash positive oil investment.Mate, I'd like to see the numbers before i get too excited.We will know in the next 90 days!
    Litle Debt...are u for real?$260 Million? on a market cap of 1Billion?
    2 Weeks late on the buyback...I was the first person on hotcopper to scoff at the buyback and called it a "Claytons buyback" as soon as it was announced.
    LNC Price at posting: $1.97 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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