LNC 0.00% 99.5¢ linc energy ltd

louisiana and alaska ucg vs wyoming, page-2

  1. 55,906 Posts.
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    I love the way you think Szaba - waiting for the Wyoming boys to make up their minds is as frustrating as watching the Qld Govt allowing commercialization of UCG here back home. As the Romans used to say "Tempis Fuggit" - time is running out and Linc needs a cash cow that it can rely on in the near future to keep itself cash flow positive and pursue all its other projects. I am confident that UCG will take off like a wildfire around the world and I think that PB would rather have substantial (and more profitable) interests inthese projects rather than just a royalty - and to do this he needs the cash flow to finance these projects.

    I think Cook Inlet will be the first UCG in the US - the Alaskan Govt are very accomodating and this could help accelerate LNC decision.
 
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