delisting ?, page-18

It is clear the board thought the company was undervalued when they initiated the share buyback.

The thing is that the cashflow modelling probably has been inadequate or had some very optimistic assumptions. This is why we have seen debt increasing on a regular basis because revenue is not there yet. The market gathers little confidence in management when it doesn't appear to have long term funding under control and doesnt factor in risks and timeframes adequately.

Linc need oil production in the gulf to generate more cash and need UCG to actually get to a commercial project phase where syngas is actually coming out of the ground in commercial quantities and being sold.

Umiat this drill season is important to prove it can be exploited commercially better than 400 BOPD in a one in 5 flowing well scenario where the well doesnt block- then there is the political issues out of Linc hands to get a road or pipeline. 2017 at the earliest till it generates a cent of revenue. Why did 18 block? no word on that?

All of that aside I still like the opportunities and the vision. This *could* be big. I hope they focus on what is required to actually convert the opportunity to reality rather than pointing at the opportunities and thinking the job is done and the value is already there. It isn't there today but if the projects are successful and the vision becomes reality there is no reason why the SP wont skyrocket.

Apparently the only reason the Brisbane heat havent won a game yet at the Champions league T20 is because they werent playing in the Delhi league instead of the Australian Big Bash. It has nothing to do with the players or the coach...