LNC
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0.00% 99.5¢ linc energy ltd

erg acquisition, page-5

  1. Imbiber
    472 Posts.
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    13/10/11
    10:50
    Post #: 9134871
    This debt facility will not restrict LNC's borrowing ability as it is secured by the USA assets only-

    "The Credit Facility is non-recourse to Linc Energy Ltd. The Credit Facility is secured by the ERG assets acquired, and Linc Energy’s Wyoming oil field assets acquired in March 2011."
    LNC Price at posting: $2.14 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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