LNC
Click for more information
0.00% 99.5¢ linc energy ltd

headline - coal sells for 3 billion

  1. cjc73
    53 Posts.
    clock Created with Sketch.
    03/08/10
    20:26
    Post #: 6977790
    I just received an email fm lnc advising they have sold the tenament for 500 million plus a royalty of $2 per tonne for 20 years indexed to CPI.

    Npv of 1.5 billion plus $2 royalty.

    Not sure if the email should have been sent from LNC marketing team.
    LNC Price at posting: $1.86 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

ABY Adore Beauty buys up wellness brand iKOU for $25M cash
right-arrow Created with Sketch.
SXL Southern Cross says no to buy up of Australian Community Media assets
right-arrow Created with Sketch.
SUN ANZ deal to buy Suncorp to go ahead following approval from Treasurer
right-arrow Created with Sketch.
LYC Lynas eyes first dysprosium, terbium HREE production in CY25
right-arrow Created with Sketch.
SFX Sheffield Resources achieves milestone production, shipments at Thunderbird, WA
right-arrow Created with Sketch.
NEWS Tenant turnover: Reducing costs and revenue-loss
right-arrow Created with Sketch.
watchlist Created with Sketch. Add LNC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.