Hi Mr Mac. Respect your posts. Linc is a potentially amazing company with lots of interesting assets - some of which could be potentially stretching their cash resources. IMO the market concern (and often the trigger for the disruptive down moves)is whether or not cash holds out until other assets (in particular adani royalty) apart from gulf oil generate cash flow. Methinks that current sp increase has little to do with actual value of cedar oil as a contributor to market cap but more a confirmation that cash flow will be maintained long enough for the 'big bickies' to kick in.
LNC Price at posting:
$1.92 Sentiment: Hold Disclosure: Held
