LNC 0.00% 99.5¢ linc energy ltd

I agree on the TA being overridden by FA, but this is step 1 in...

  1. 129 Posts.
    I agree on the TA being overridden by FA, but this is step 1 in a very long and multi-step series of announcements before any value is realised.

    Ann =
    1) We have the correct coal for UCG in SA (coal which has no resale value)
    2) SA will let us build a plant
    3) we are going to fast track this
    4) We are considering gas sales and power gen.

    By itself it adds no value, it just says a major hurdle is now crossed.

    A FA+ announcement will have to be GTL works with good flow rates or something very similar
 
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