Hi Basilio. I think its an eye opening read and good find that confirms the over aggressive shorting and previous tight ranges the stock traded in.
See you on HC.
Cheers and thks info.
This detailed study on the outright manipulation of LNC shares might be interesting to you which I got from HC. If its already been on this site pls ignore.
http://www.scribd.com/doc/139929124/7-2-Further-Research-Into-ASX-200-Companies-Linc-Energy-LNC
Just know UCG in 2006 is not anywhere near what UCG is now and it took Linc years to get there with Gasifier 5/6 and 2006 UCG wasnt up to par for commercial scale UCG GTL. What the market cant see is that things are actually starting to fall into place and the bigger plan of UCG GTL is closer...
Because there's a complete and utter COST difference between buying 5% of a company in the share market and simply owning 5% of the float and buying 5% of a company's shares while getting access to potentially game changing technology for stranded coal/UCG-GTL and and getting a 67% of the bottom...
Assuming commercial scale UCG and GTL is feasible (5,000 bpd plants duplicated), which LNC feels certain it is, and GCL will cover CAPEX with minimal balance sheet impact to Linc, you would think LNC is a no brainer long term buy....
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