LNC
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0.00% 99.5¢ linc energy ltd

linc energy strengthens coal portfolio, page-7

  1. ML173
    9,583 Posts.
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    03/10/13
    14:12
    Post #: 12403258
    Well, what do you know.. Something for nothing:)

    Not really !. The mine environmental & rehab liability would be $50mil+ starting in 2016 if keeping it.

    Passing it on to Linc saving them the care & maintenance cost as well as most of the rehab cost and environmental bonds...

    At the end game, nothing is for free actually...
    LNC Price at posting: $1.36 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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