Posted by shane75, "I suspect it is people hedging their bets that the trial plant won't work".
You may be right mate and thats their bad luck IMO.
These two technologies are proven and will work together. There has been no official news about the demo plant yet and for all we know Linc could be waiting for Janelle to return tomorrow from America where she may have been tee-ing up more investors? or, even if Linc are having a few minor issues, I've never known a new demo plant to run spot on first go without needing a few minor adjustments. What do people expect?!!
I think the only news we need worry about is Government policy towards future UCG-GTL. At the moment its looking very promising.
LNC Price at posting:
0.0¢ Sentiment: None Disclosure: Held