LNC 0.00% 99.5¢ linc energy ltd

Some LNC help please, page-2

  1. 7,580 Posts.
    lightbulb Created with Sketch. 2097
    IMO ...

    Linc Energy is an interesting topic ... but the real questions which need to be explored are about the political decisions made a few years ago [by the Queensland Labor Government] which favored CSG [coal seam gas] at the expense of UCG [underground coal gasification].

    Fair enough that a lot of big international names poured billions into CSG .... but that should not have meant that UCG got squashed the way it did [and it continues to be unfairly treated i.e ASX:CNX].... especially since CSG is clearly an environmental disaster slowly unfolding and UCG [done properly] is the superior process [20X more energy extracted from the coal, minimal surface disruption, minimal risk to the water table, etc.]. It does look like political favors went to the CSG operators ... it should be investigated and exposed.
 
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