From memory, the 2 years ahead came from a LNC ASX announcement, but I'll follow that up for you......
I have seen some publicity about Metex too while reading coverage on Linc, so not completly left out of the picture!
I think you are a little behind the times Mexican. You will find that Metex owns 100% of the technology developed by the CSIRO, they are no longer in a joint venture. In terms of UCG, Metex is using new technology just developed, Linc is using 60 year old Russian technology.
I'm also a little dumbfounded as to where you got the 2 years from as well. Metex is building a much larger trial UCG plant than Linc, and the first module is expected to be up and running in August this year. The processes used vary significantly between the two companies. You may like to do a little research.
I think this Vietnamese link, combined with what should prove to be strong interest from the United States, strange how the financial scene there are loving Vietnam these days, is going to make Linc Energy a very interesting stock indeed.The agreement with the Vietnamese Marubeni Corp looks very promising in the future. Trading on the OTCQX ( http://www.pinksheets.com/pink/about/pr_031606.jsp ) in the US was a pleasant surprise.
Linc Energy ( LNCGY ) http://www.pinksheets.com/pink/quote/quote.jsp?symbol=LNCGY
Yeah, I noted that as well Grace. I talked to Peter B. at the 'Linc Energy Open Day' late last year and he stated "I don't plan on selling any shares for a good 6-12 months." So, make of that what you will.
I bought my chunk of Linc at 22c and sold just recently, so am very happy. After doing a few sums I can see more percentage upside in other Linc-type companies. To those die-hard Linc fans out there, just remember you don't get rich by trading one company. Peter Bond is the exception
I am largely generalising here, but it is usually easier for a 20c company to get to 40c rather than a $1 company getting to $2.
Well, I only just recently became aware of LNC and bought soe at $1.13. I wonder if it is just the Vietnam deal that is pulling it along? I must have a closer look at the background of this stock, although generally I just go by technical analysis.
Good postings by all of you, thanks.
Linc Energy continue up today, more than 200% up on the 2008 low. So far there has been no news of any likely bid for the company, but interest remains strong in the United States, and it is difficult to value in these circumstances.I was tempted to take profits on LNC with the placement set at a low 76 cents. However, they are amongst a few Aussie stocks, including Oxiana, who have the new form of Pink Sheets quote in the States.
Peabody could be interested somewhere down the line and this could now be thee stock to be in, sector wise that is.
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