- Joined
- 27 May 2008
- Posts
- 165
- Reactions
- 0
We are going to have offices in South Africa joburg, poland, hungry, budapest, india mumbai, shang hai china
http://www.akrdc.org/membership/events/breakfast/1011/031711.html
Linc Energy: Our Plans For Alaska
Paul Ludwig, Stakeholders Relations Manager,
Linc Energy Operations Inc.
Hi Mickel,
Ah yes, I read somewhere that they were producing 20bpd, which would be 159L x 20, which would be over 3000L per day.. got mixed up with the barrels and litres.
Cheers,
Jonathan
Methanol..
Is this another byproduct from the process?
A saying comes to mind, "walk before you run".
I wonder if Linc are expanding too quickly?
PB reminds me very much of Sir Richard Branson, in the early days of building his "Virgin" empire. They even share a similar appearance
The recent "Diesel dash" appears to have achieved it's goal in terms of marketing exposure. A US version with a little more razzmatazz to follow maybe
(All IMHO)
It's been a hectic week for the sp. Personally I enjoy the volatility, it obviously creates lots of money making/losing opportunities.
Considering all the crap going on out there, the closing price seems reasonable.
Pleasant weekend people.
Hi Doggy
"Is LNC expanding too quickly?" They certainly are juggling many balls in the air at the moment.
On one hand they want to get all their assets (coal tenements and now depleted oil field assets) at a low price because once they start making large profits from these assets further coal tenements (deep coal) and depleted oil fields will be more expensive to obtain, perhaps much more expensive.
On the other hand, PB is very reluctant to raise more cash from share issues as it would dilute current shareholder value (and his controlling interest). He is also very aware that profitable commercial operations ASAP will give LNC a much stronger base. And the CAPEX for GTL is very large (ie around $1.6B for 4 x5000bpd).
IMHO these competing aims can be balanced by the following-
1. Sale of Teresa by June 2011 at the latest for $500M +
2. Profitable EOR operations by Dec 2011
3. Gearing of EOR expansion
4. Gearing/JV for GTL plant
and possibly
5. Sale of another coal tenement for around $500M.
Any comments ?
Announcement today was fairly benign with only the completion of the purchase of the rancher acreage being the standout news from my perspective. No little hints regarding the Theresa sale, so its slow and steady the sp goes.
There is going to be a special edition Investor Linc Newsletter in April..
Last time there was a special edition newsletter was last year, just after the ...
"Linc Energy is in detailed discussions with several parties in relation to the sale of this coal asset, whilst continuing to assess all of its commercial options. Teresa is one of the few remaining PCI coal assets in the Bowen basin of this size and potential, which is also close to established infrastructure."
That's a nice fat hint Jonathan..!! To be fair I think LNC suggested in February and on other occasions that the completion of the Teresa coal sale was marked for the first quarter of the year. We are getting nicely close to that.
The fact is if/when this sale is closed it will mean at least another $500m in LNC's coffers which is another $1 per share. The boost this offers to working capital is immense not to mention the opportunity to pick up more coal/oil resources. And we can legitimately expect that $50m of the sale will be earmarked for another 10c a share special dividend, The precedent has been set and in the overall scheme of things seems very legitimate.
I think this an excellent opportunity for the retail fund managers to get a position before LNC hits the $4-4.50 mark that would reflect it's cash position, resource base and multiple earning options.
That's a nice fat hint Jonathan..!! To be fair I think LNC suggested in February and on other occasions that the completion of the Teresa coal sale was marked for the first quarter of the year. We are getting nicely close to that.
The fact is if/when this sale is closed it will mean at least another $500m in LNC's coffers which is another $1 per share. The boost this offers to working capital is immense not to mention the opportunity to pick up more coal/oil resources. And we can legitimately expect that $50m of the sale will be earmarked for another 10c a share special dividend, The precedent has been set and in the overall scheme of things seems very legitimate.
I think this an excellent opportunity for the retail fund managers to get a position before LNC hits the $4-4.50 mark that would reflect it's cash position, resource base and multiple earning options.
What has happened to the intra day volatility. It,s Friday and I need some drinking cash!
This sitting between 2.87 & 2,90 for the last few days is too stable for LNC, something has to give
What has happened to the intra day volatility. It,s Friday and I need some drinking cash!
This sitting between 2.87 & 2,90 for the last few days is too stable for LNC, something has to give
Seems your wish was granted today tea
Apparently PB increased his personal holdings in the company.
LNC Holder.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?