LNC 0.00% 99.5¢ linc energy ltd

oil, gushing, page-8

  1. 74 Posts.
    Linsanity,
    you have my support for the "two strike" move, trouble is I did have LNC shares few months back,sold at a loss
    now need to buy back in to have a say..
    but with these numbers,seem a bit risky to me..(IMO)

    Sales - $15M
    Admin cost - $15M
    Total outflow during qtr $35M
    estimated cash outflows next qtr $57M
    current Debt $187M

    sure.oil is gushing.. how much is left in the tank to pay for other bits?
 
watchlist Created with Sketch. Add LNC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.