LNC 0.00% 99.5¢ linc energy ltd

sp unpredictable now, page-5

  1. 1,726 Posts.
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    Linc has got two potentially huge irons in the fire :-
    - UCG with GTL , operatorship and services , CO2 for enhanced oil recovery .
    - Arkaringa shale

    The problem has always been that Linc has lacked the revenue to offset the outgoings with the result it always needed to raise cash .

    6,000 bopd (and increasing) buys the time needed to get UCG and Shale over the line . The Adani royalty is within site now .

    The cash flow is key and has de-risked Linc and made it safe to hold .
 
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