I honestly wish remaining holders all the best as you obviously have balls of steel to hang in there.
But, does anyone genuinely believe that short of some miraculous Lab results from the Ark what else is likely to provide any source of reasonable income to eliminate the debt and sustain substantial employee wage overheads.
All they really have now is UCG and as I've said before Carbon Energy (CNX) have pretty much the same technology (capability) and are probably much closer to commercialisation (QLD project) and they are a TWO AND HALF CENT COMPANY.
Some vain attempt to stimulate the share price yesterday (Up 10%) and now down 8% today.
Like many here I have lost a LOT of money on this company (sold out at 63 cents AUD)
Can't understand why anyone would hang in any longer but then if I had half a brain I would have sold out when they were around $1 AUD
LNC Price at posting:
99.5¢ Sentiment: Sell Disclosure: Not Held
