question to hot copperites

Question

Shareholders and interested parties all know about the Emerald Coal Asset negotiations.

Shareholders and interested parties are seeing the success of this negotiation (into a sale) as a way of raising capital, and also as a means of revaluing the LNC share itself. (If there's 1.5 Billion in the bank, well, that's going to make a 500Million company look more like a 2Billion company isn't it!!)

My question is this....

Then why are these assets not seen by investors as an ALREADY IMMENSE ASSET Linc owns? I mean why isn't the asset itself a part of the total value of the company or it's potential asset value?

Seems a bit weird we only want to see one channel when that channel in one form or another actually exists.


I want the sale to go ahead as any person who sees this as a potential. But I also think the market is hedging itself for the cash rather than the asset, and also not factoring in the wealth of the asset as a means to further cash if needed as collateral.



OK I know it needs to be developed.