LNC 0.00% 99.5¢ linc energy ltd

Next quarter LNC is going to burn $60M however, LNC intends to...

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    Next quarter LNC is going to burn $60M however, LNC intends to be cash flow positive by December 2012.
    Consolidated cash flow for December 2012 forward Est
    Reporting on 31.1.2013

    Source Sept quartly report Appendix 5B

    Expenditure $18.4 M

    Development .....................$23.5 M

    Admin............................12.5M

    Production........................4.5M

    CTL...............................4.7M
    Interest and Fees $24 M
    (265M Bonds received 245M plus
    interest 4 M)

    Total.............................$87.6M

    receipts ...............4000BPD 24M

    if 5000BPD 30M

    if 6000BPD 36M.

    My Est Loss for the next qtr 60M



 
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