More interest again today.
I reckon those public servants preparing the Federal budget have leaked the news about a grant to all their mates. If the Government provides $100 million LNC could easily raise $200 million. Then the debt to equity ratio would only be about 50/50 for the construction of the production facility.
With 6868 square kilometres for their Queensland tenements alone and oil at US$120 per barrel this is only the beginning.
More interest again today. I reckon those public servants...
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