- Joined
- 2 July 2008
- Posts
- 7,102
- Reactions
- 6
I bought into LNC specificallty for the UCG GTL process and that's all.
So did I. Many years ago. I bought 50,000 shares at 17c a share. I was very impressed with the idea. I made a lot of money out of LNC, when Peter Bond so successfully convinced the market that UGL had a great future, and the shares hovered around $5. Obviously he doesn't see that any more and has turned into a snake oil merchant. Perhaps he always was.
Chinchilla might have been goer if the environmentalists hadn't scared him off, and sent him running to SA.
However, I can't complain, He made me a lot of money.