LNC 0.00% 99.5¢ linc energy ltd

technicals, page-73

  1. 689 Posts.
    Hi happy holders. Congrats on another stellar day.

    Another good well. More to come.

    Just a note of caution (ha ha). Firstly todays leg up was approx half of that of the 1st well ann. Law of diminishing returns? Shouldn't the SP be gapping up more with re-inforcement their nailing it at Cedar Pt?

    Secondly, from PB "I'm confident that on the back of our current operations & strategy that Linc Energy's near term oil production targets will be met"

    I'm confident. Not very confident, not extremely confident. Not 'we're increasing the target' confident. Very restrained for our upbeat champion of self promotion, IMO.

    Makes you wonder about the base their coming off.

    Apologies in advance

 
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