LNC linc energy ltd
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I'm just working out my average now . . . lucky I did most of my...

  1. dingletwang
    65 Posts.
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    08/11/10
    12:56
    Post #: 7443250
    I'm just working out my average now . . . lucky I did most of my buying in 06 and 07.
    The Teresa sale is expected to be announced in the first quarter 2011, with cash in bank by the second quarter. PB went as far to say that the cash component will be $500M to $1B. There was increased interest in Teresa after the first coal sale, and apparently the 3 front-runners are not Chinese companies and also not Adani.
    As for predicting share prices, I've got less ability than Paul the Octopus (and my brain is smaller).
    LNC Price at posting: $2.41 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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