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0.00% 99.5¢ linc energy ltd

Linc have indicated they will build plants in South Australia,...

  1. kieranmcs
    485 Posts.
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    22/12/08
    14:12
    Post #: 4629803
    Linc have indicated they will build plants in South Australia, US, and China. That is $3B+ and the coal sale will net them just over $1B? Long term funding will be required on top of the coal sale, so I think the announcement will address this issue. The have also been confident the sale will go through before 2009, guess what...we are in a trading halt at the end of 2009 pending an announcement.
    LNC Price at posting: $1.74 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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