LNC 0.00% 99.5¢ linc energy ltd

A lot of projects on the go with Lnc & in turn activity to fund....

  1. 159 Posts.
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    A lot of projects on the go with Lnc & in turn activity to fund. Debt markets tight & selective, overall existing income streams not growing as hoped & further spend / time expected for new income streams to come on line. As cash balance reduces with time , one of following circuit breakers needed fairly soon IMO:-
    1.Sell coal assets @ low end of market cycle
    2.Review & Sell other non core assets
    3.Review & prioritise identified project developments- defer higher spend ,longer term projects
    2.Source debt (depending on rate & serviceability) and / or equity (share dilution)
    3.Farm in one or more partners for selected projects (funding & skills).
    4.Oil project output increase
    5.M&A .... just to mention a few.
    Although Lnc is asset rich with potential , its current cash generation does not support its activity schedule & weakens its go in position for future negotiation. It now also faces doing deals at low end of market cycle.
    Hope something happens soon.
 
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Currently unlisted public company.

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