LNC 0.00% 99.5¢ linc energy ltd

lnc to buy lby?

  1. 261 Posts.
    LBY is looking a bit distressed recently on the financing front, yet they have big plans for UCG apparently.

    Perhaps Linc will put them out of their misery? At a market cap of around $7m it wouldn't break the bank to offer a bit of premium.

    Coal licenses in Queensland (large), South Australia and also Saskatchewan, Canada. Might be a good fit ...

    Just a random thought :-)
 
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