LNC 0.00% 99.5¢ linc energy ltd

Difficult to see a path to 20,000 bopd at Chinchilla. Little or...

  1. 257 Posts.
    Difficult to see a path to 20,000 bopd at Chinchilla. Little or no development activity ongoing, production rates not even published in latest quarterly. Based on current disclosures it appears that very little attention is being paid to it or will be in the near term. I'd value it much closer to zero than at an earnings multiple of $1.75bn / annum.
 
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