Linc energy has plenty of cash to buy assets outright.
$64 million cash to hand as per last quarterly report.
"Useful pieces of the plant will be shipped to a new location" pending on "active discussions" maybe Hungary or Poland,...
I wonder who that would be?
The two quoted firms blazing a trail in the UCG specialist sector of the hydrocarbons industry in Australia are Linc Energy and Wildhorse Energy with its Mecsek Hills Project in southern Hungary.
Was that the reason for the recent High Volume Buying Spike?
Someone bought 1.3 million shares at premium price last week.
Company making news soon imo.
Multi bagger from this level
As always DYOR
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