re: News: Linc looks to Alaska after raising ...
they raised 255mm after fees aprox
130 mm goes to pay down well fargo for some reason . I am sure there is a good reason ( i hope there is a good reason) 80 mm goes to repay fortress so it seems from announcements . the balance goes to alaska. remember that the alaska gives you a rebate for drilling . Based on what others have said ( bcc ) . lnc should spend 50 mm this year and get back 20 from alaska.
LNC Price at posting:
61.0¢ Sentiment: LT Buy Disclosure: Held