We shareholders are the only believers in Linc at the moment and hang on to it.
The uncertainty of Linc is a large capital requirement to maintain the current operation and growth. Capital sources are likely to be from the coal assets sale or capital raising.
I am sure LNC will sell those valuable Galilee coal assets eventually to Palmer's & Co or multinational. What the market wants to know is when is the sale and for how much ?.
The best sale option would be taking in 50% upfront payment, and the rest links to the future upside development, such as milestone and royalty payments.
Lets wait and see shall we !
LNC Price at posting:
$1.56 Sentiment: None Disclosure: Held
