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kam1888Incorrect - you quoted "coal which has no resale...

  1. AngelofAngels
    489 Posts.
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    06/11/09
    13:51
    Post #: 5881898


    kam1888

    Incorrect - you quoted "coal which has no resale value"

    But it has "Project Value" assisting to produce coal gas for electricity for the next "75 yrs" (luckily LNC don't have to buy it as it may cost a fortune ! .. 1b tonnages of coal asset for GTL)

    Value = 75 yrs of final product (NPV) ... unknown at this stage depending on out-put plus quality ?

    BUT HAS ASSET VALUE

    AoA
    LNC Price at posting: $1.56 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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