Thinking of Linc against CSG companies and this reporter
Sent Kylar outlining these facts an email
'Perhaps you could ask them how many wells they need to produce 1,000,000 m3 of gas a day and how many would they have to drill per annum to keep that amount of gas flowing
That could give you an idea how and why they dont like UCG-once the commercial UCG plant is set up and running as per Uzbekistan and in fields of similar size they can produce something like those figures for over 100 years-but CSG cant do that-they are only after short term money-one day UCG will take over'
Would love to see what other here have to say about that
LNC Price at posting:
99.5¢ Sentiment: None Disclosure: Held