Hi Dr.,I agree, that it seems to be finding a settling point at...

Hi Dr.,

I agree, that it seems to be finding a settling point at $3. But is that a bad thing? I have been in LNC since float, and now have an average price of 43c. And during that time have seen a few quick rises and one gradual fall, all of which have given me small heart palpitations :P After such a quick rise from 70c towards the end of Feb to where it is now, I for one am quite happy for LNC to be settling.

Although the SP is stalling here, it still isn't falling which makes me feel it is also gathering supportive base of around 285c. To be honest the last thing any of us really need is the attention of day traders which, if their hip pockets are big enough, can really effect the SP- creating more palpitations which I'm not sure I can cope with haha.

Time will tell what is to happen, but there is no bad news coming out of LNC, and to date they have been pretty forthcoming with information. I have heard the the plant literally only needs the bolts to be tightened to make it all work, the delay now is two fold;
1. Creating an appropriate WORLDWIDE media storm. And as previously discussed involves getting KRUDD to open the plant. (Imagine is Mr. Sheen opening Australia's new clean(er) fuel")
2. Getting PB back from capital raising trip with some biiiiggggg investors in tow.

Sit tight people.

X