Jimminy, wow you know a lot about Linc, thanks for the info!
The proposed 1.7bt of coal reserves, is that estimated also? I thought I read that they estimated about 1.7bt in vietnam?
You were right about the delay with the GTL plant. Have you actually visited the site? Do you know someone internally?
Gotta agree with you totally that this co. is going to be huge!!!
I'm trying to buy as much as I can (wish I never sold before.... I got in at 0.96 and jumped out at 1.65 thinking they were over inflated and about to deflate!!!damn!!! anyway I got back in at 1.79 and think i'll be adding to it as much as I can whenever I can)
LittleMak
The Red River Delta has a resource of several billion tonnes of coal.
The Vietnamese consortium is hoping the project will produce enough gas to generate electricity to power between 1.5-2 million homes in Vietnam with future plans to accommodate 6 million.