"Peter Bond in an interview said that they were aiming for about 10-12 CTL plants around Australia."
Well he sure is ambitious!
But IMO this is a great spiel, but come on lets get the demo working and get a plant up and running! I'd be happy with one plant to start with. 10-12 in Australia is an unrealistic target to be talking about at this stage. Would take a couple of decades to realise too.
Still, I fully expect a much higher SP for LNC in coming months - years. Short term I think $6 is quite realistic once demo plant working......
LNC Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held