The last report by BBY is a great read. Linc's valuation is about $13 with oil at $140/barrel. BBY notes this is only for the Chinchilla plant. IT does not take into account other plants. Peter Bond in an interview said that they were aiming for about 10-12 CTL plants around Australia. Also, it does not take into account profits made from power generation at all. How about Linc's valuation then? And what if oil is at $200 a barrel? IMO, LNC could be worth multiples of the current share price in the future.
LNC Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held