LNC 0.00% 99.5¢ linc energy ltd

price alert, page-21

  1. 284 Posts.
    Finicky,

    Great. Just what we need: an exploding Peter Bond. Imagine what would happen to the share price if Bond got hit by a bus?

    I agree, Xinwen possibly won't go through - which is a point I made on this forum a few weeks ago. But the long term outlook has firmly moved in the direction of recovery, even as production gets cut here, there and everywhere.

    The Baltic Dry Index seems to have bottomed, and Chinese coal prices have moved north in the last four weeks [see sidebar].

    It is no longer critical that Xinwen signs and settles. Linc has enough assets to get finance. Even in this crappy market. There is also activity in Vietnam.

    Linc has reached a critical mass where there are so many opportunities, some of them have to come through.

    You could be right about $0.50. But I think the odds are against it.
 
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