When PB appeared on ABC's business show a couple of weeks ago, he indicated that Linc would "have its own billion dollars" in order to take the plant to a commercial stage.
That indicates a further 500 million in surplus asset sales is expected.
With somewhere between 800 million and a billion in the bank, I don't think financing will be their issue. Debt funding doors will open for a commercial planbt with that sort of deposit, assuming the technology / process is bankable.
The issue is what "partner" to pick from a technical, operational and product distribution viewpoint.
LNC Price at posting:
$1.66 Sentiment: Hold Disclosure: Held
