LNC 0.00% 99.5¢ linc energy ltd

Bounty, Linc may yet end up with bottomless barrels of oil from...

  1. 4,208 Posts.
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    Bounty, Linc may yet end up with bottomless barrels of oil from the Arck. It's not over yet but can someone tell me where the bottom of the share price slide will end. Better still, can someone tell us if vast reserves of shale oil are discovered what would be a ball park figure cost per barrel to get oil to market from the Arck. Would we have to wait until oil reaches $80-100 per barrel before it would be feasible or would we wait for Linc to sell off to a bigger player and holders could all then retire on your windfall!!
 
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