g'day doracle,some good thoughts there.in reference to this...

g'day doracle,

some good thoughts there.

in reference to this quote..."For me, it looks like the Chinese are just merely building relationships and being opportunistic."

linc are seriously well managed and they are very responsible with shareholders assets. they have only ever raised sufficient money to finance each milestone....once a milestone has been achieved they raise just enough money for the next milestone. they even established an equity line of credit for milestone overruns which a few people knocked them for doing mind you.

linc haven't and wont give anybody something for nothing.

with approx $20 million in the bank there is unlikely to be any funding requirements until september at the earliest and we can be sure that linc wont be giving shares away at $3 and they wont be selling any projects until they are appropriately valued and this will start to happen once the demo plant has produced liquids successfully over an adequate period of time (september?).

so when many companies would be doing the money grab, linc have avoided it and it demonstrates the confidence (or stoopidity LOL, just joking) that they have in the technology, the project and its deliverability.

so in summary, i think linc may have said YES to the mou but NO THANKS, NOT YET to the cash.

catch ya on that vast green pasture lol

cheers