Holding patiently with Linc is usually thought of in terms of 6-8 years...
When I came into Linc they had an idea about burning coal-making gas-turning gas to diesel....
They also had a few tenements of coal in Queensland...
If they get into strife and have a fire sale of Umiat, Teresa, Arkaringa, Adani coal royalty, Gulf Oil business and a few other assets to pay out the loans we would be back to where we started.
UCG-GTL technology owners...
And IMO thats what I bought into and thats what I would dearly love to see go places. Since I bought in Linc have expanded their intellectual property on UCG and GTL and have dozens of patents and IP protection. They are now selling that technology...
Without all the other distractions and attempts to generate cash and raise funds for this and that they could still go places... Just my opinion!
LNC Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
