LNC
Click for more information
0.00% 99.5¢ linc energy ltd

The Oil price could not have been any better for selling tight...

  1. szaba_the_hut
    14,120 Posts.
    lightbulb Created with Sketch. 705
    clock Created with Sketch.
    18/11/15
    18:03
    Post #: 16426176
    The Oil price could not have been any better for selling tight oil assets ! The same strategy was employed by Linc with Coal assets recently. Buy high and sell low when you desperately need cash and have weak position in negotiation.

    QUOTE
    Apparently the proposed deal is with a local Australian company with Asian financial backing.
    ENDQUOTE

    The local Australian company better could be Newtron Pty Ltd perhaps? Hillgrove ?
    LNC Price at posting: 99.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

AVH Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
right-arrow Created with Sketch.
MND Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
right-arrow Created with Sketch.
MAG Magmatic defines 6km copper trend with grades of up to 6.5% at NSW prospect
right-arrow Created with Sketch.
TG1 TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
right-arrow Created with Sketch.
NEWS Second Christmas for 2024 coming to Kalgoorlie: Diggers & Dealers starts Monday
right-arrow Created with Sketch.
GML Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
right-arrow Created with Sketch.
watchlist Created with Sketch. Add LNC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.