LNC 0.00% 99.5¢ linc energy ltd

chinchilla.

  1. 429 Posts.
    Up here in QLD, there does not seem to be a day that goes by, without news of Premier Newman, slashing/promoting. In his new role, he has slashed a swath through Govt spending and staff reductions. He is also actively advocating for more big business projects, which he has indicated he will slash red tape, for. Qld is desperate to balance their books.

    It is interesting then, to hear Bond, in today's interview, mention Chinchilla again. It has only been a matter of days, since it was raised in the activity report. On both of these occasions, he cited the new government, might be more favorable towards Chinchilla now.

    On page 9 of the activity report. 'Linc Energy, can assist in domestic fuel security through its aim of building a 5000 BOPD, modular GTL facility on the companies UCG site at Chinchilla, which would include, ultilising EXISTING facilities." It's interesting that he has raised it again, today. Sounds like there could be some behind the scene talks, happening.

    5000 BOPD, would be a welcome, cash injection on our doorstop. Who knows, Chinchilla may just gazump us and be our first production plant, after all !
 
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