LNC 0.00% 99.5¢ linc energy ltd

Seems very ambiguous, would like to see detailsbut To me it...

  1. 4,017 Posts.
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    Seems very ambiguous, would like to see details

    but To me it looks like Mr Powell is trying to take the heat off himself even his statements have a pro CSG bias
    "UCG is a very different process to that used to extract coal seam gas (CSG). It involves converting coal to a synthesised (or non-natural) gas via enforced combustion,” Mr Powell said.

    “enforced combustion” … nasty Linc …they should ask the cole before igniting it :-)

    Powell has just been slapped on the wrist by the Queensland Auditor General so his reaction Let’s find a company that has closed up shop in Qld and go to town on them, that will do the trick, and I wont have to go after the CSG mates …….. just ignore the gas bubbling from rivers ..”It’s Natural Gas” …. pfft :-)

    http://www.abc.net.au/news/2014-04-03/ehp-audit/5365540
 
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