LNC linc energy ltd
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Hi NauvI do not know why they release a presentation now either...

  1. Dazedandconfused
    7,647 Posts.
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    11/02/13
    11:22
    Post #: 11404238
    Hi Nauv

    I do not know why they release a presentation now either but it does have some good news in it

    * 20 deals currently under consideration [China still gets a mention and from memory the coal resource that the 'GCL deal' was targeting was in Mongolia]

    * reiteration that Arckaringa JV is 6 months away

    * Big mention to offload some coal assets in Q2 [?] Freeing up some cash would be just what the doctor ordered ATM.

    I read it as quite upbeat.


    LNC Price at posting: $2.33 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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