What's so bad about this result? In a nutshell LNC forcast for...

What's so bad about this result?
In a nutshell LNC forcast for next quarter 2015 LNC will still have a surplus of in excess of $100 M with another
payment of $45 in the royalty to come. Yes there is no recurring earnings however, as they say " LNC " continues to kick the can up the street so there is no likely hood of another capital raising any time soon!
Without the sale of the Carmichael Royalty there would have been a massive black hole this quaterly must surely but to bed the argument that LNC sold the royalty for one reason and one reason only that being strapped for cash!!
This provides breathing space for the 3 wishing wells and the opportunity to sell other assets !
The market cannot sell off on this result !!!