As has been mentioned the first liquids where produced on the 14/10/08 surly this is enough time to inform the market on the above?
And with UCG being the companies primary focus i thought they would be paying more attention too it. yes they need money to build the plant and the coal assests look like at great place to get it.
when i heard about this technology i looked at all companies in the field and the associated risk and because of that I dont hold LNC as i believe that the risk of CTL is a lot higher, than my choice of power generation. It the simplest use of the syngas and is the only commercial scale use of UCG in history which is why i choose CXY.
That being said if you like risk then i am sure the reward will be worth it.
nosey
LNC Price at posting:
$1.57 Sentiment: None Disclosure: Not Held