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0.00% 99.5¢ linc energy ltd

Szaba, I love the humour, but what is starting to worry me, even...

  1. dicko55
    605 Posts.
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    10/02/15
    09:49
    Post #: 14726483
    Szaba,

    I love the humour, but what is starting to worry me, even if they find the eldorado of shale oil, if the formations are so hard and abrasive that it takes so long to drill a hole to depth, especially if you think they need another couple of thousand metres of horizontal section to be productive, then at what price of oil will it be economic?
    LNC Price at posting: 99.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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