LNC 0.00% 99.5¢ linc energy ltd

might be something in this eor stuff, page-3

  1. 1,269 Posts.
    So LNC owns this cheap coal that it bought for a song, they use their process of UCG to make Syngas to feed a power station. Then, from the power station they can capture the CO2 and whilst keeping the greenies happy they can make a motza by pumping the CO2 down some semi-depleted oil wells to recover stranded oil and earn even more cash?

    Of course the big risk is if any there are any environmental issues. But it sounds like a pretty good story for me.

    Cheers
 
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