Linc oil revenues are under pressure as well as loans in US dollars,The impact of loans deteriorated by sum 15% with the current interest bill to extend from $70 million in interest to close to $90 million.The oil price has also hit a 4 year low! Big falls overnight on wall street will no doubt have Linc testing new lows in Singapore today only 4 months to go for the Arc to be tested so pleased to have the expertise and experience of the Linc oil team on board!!
LNC Price at posting:
99.5¢ Sentiment: Hold Disclosure: Held