Linc seems to be bouncing around the world looking for somewhere to harbour and establish its first commercial UCG/CTL plant. This is being met with different resistance, respective government and environmental red tape and availability of a suitable and acceptable site. Surely, there would be and interested party/JV that would come on board to adapt to the already established and operating plant in Yerostigaz and bolt on the following.
• CTL plant feeding off the currently established and operating commercial UCG plant.
• Adapt the AFC fuel cells container modules to develop the shortfall in power taken from the existing plant and supplement power supply.
• Prove the high efficiency of the modulated Hydrogen AFC fuel cells.
• Establish as a proven package, meanwhile, promoting outside interest.
• All this carried out in an already established and operating plant to showcase this as Linc’s product and commercial achievement saving dollars and time waiting for establishment elsewhere.
If I’m not talking sense, just belt me......
LNC Price at posting:
56.0¢ Sentiment: LT Buy Disclosure: Held