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99.5¢ linc energy ltd

Where in hells name has this come from, page-13

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ML173

9,604 Posts.

310

06/02/15

12:34

Post #: 14709825
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Originally posted by szaba_the_hut ↑

Isn't this just recycled old news - the BMA rumours prior to the blair athol announcement? I remember that a BMA exec used to work for linc and I joined some dots at the time.

Also BHP might want to do a deal in terms of offloading dud coal mines and joining in liquid rich shale action (especially when price of oil recovers) but in any case if Arck basin proves to have hundreds of billions barrels then I'm guessing BHP would take a close look at a new tier one asset for the long haul. They would love to "help " linc when linc have zero cash and look like going under with a lovely lowball offer.

No proof yet of Arck riches - how is that 2nd well going?

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Possibly hit some tight gas at the moment and grinding through hard rocks at a slow space...

http://lincenergy.listedcompany.com/newsroom/20150130_172244_TI6_9MCO6WU15OGWCU5Y.1.pdf

LNC Price at posting: 99.5¢ Sentiment: None Disclosure: Not Held
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