GTL plant who cares, I am more than happy to see lnc proving up assets and selling them of first get some cash coming in. Dont forget sapex who knows what they have there, might pay to drill that area and sell off assets there while slowly working on their ucg/gtl plant. This fixation with gtl seems a bit silly lnc has secured a world class asset in SA that may have a far better payoff in the short term then the gtl plant and should be exploited first. They did mention that the first plant to be built would be for power generation i wonder whats giong on with this?
LNC Price at posting:
$1.31 Sentiment: Buy Disclosure: Held
