Linc energy is trying to sell their coal assets, wait for...

Linc energy is trying to sell their coal assets, wait for it.

$1.5 billion.

The tenements, all located in Queensland's main coal-bearing region, comprise a total area in excess of 10,000km2 and contain Coal deposit targets of in excess of 5 billion tonnes.

http://www.theaustralian.news.com.au/business/story/0,28124,26088310-643,00.html

http://au.biz.yahoo.com/090624/42/271t7.html

hello......

any love for REY out there...

30-36 billion tonnes target.

511 million tonne Jorc.

undervalued is the statement of the century boys and girls.

Fair value for Rey is way north of current sp.

Do the maths on past coal transactions and compare them with Rey to work out how undervalued we are.

Not sure what it will take for this to happen, But it will happen.

Rey is trading for pittance.

hello

some love must be coming our way soon.

the big buyer of the options should send alarm bells ringing. He is paying a big premium to sit at the dinner table.

regards