LNC 0.00% 99.5¢ linc energy ltd

linc could possibly sell teresa and have enough cash to pay for...

  1. 5,048 Posts.
    linc could possibly sell teresa and have enough cash to pay for the chinchilla plant and have close to $1 billion in cash left over for their other opportunities.

    a jorc on teresa is due in approx 3 weeks and first liquids should occur at approx the same time.

    the funny thing is teresa may be valued at greater than lincs current market cap.....that's kinda scary, but very nice lol

    interesting times ahead and i am almost encouraged enough to upgrade my sentiment from a hold to a buy and possibly a strong buy.

    after many months of silence it was good to finally have an update on the demo plant and an approximate date that is on the record....it goes to show that ya gotta take info from investor relations people with a couple of grains of salt.

    good luck to all holders.

    cheers



 
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