short positions

End of month short positions


October 2011 – 6.4m
November – 8.4m
December – 11.5m

March 2012 - 14.6m

April – 16.6m

15th May – 22.9m
24th May – 30.1m
31 May – 33m

Take out PB share holding and this is over 10 per cent on issue.



Interesting that most debate gravitates to the perceived negatives and not to the positives of a GCL Plant development.

5000 BPD approximately $70m to Linc.

100,000 BPD approximately $1.4B to Linc.

Not a bad outcome for Linc shareholders if this deal comes to fruition.