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LNC has responded to a "slowing" ticket from ASX.

All seems positive. They are still banking on being cash flow positive via the North American oil assets and are not specifically counting on short term financial sales of assets (although these are expected)

Of course if oil drops sharply as a result of a GFC those projections would be revised IMO.

They also noted the sharp rise in shorting during May.

http://newsstore.fairfax.com.au/apps/previewDocument.ac?sy=age&ss=AGE&docID=GCA01300079LNC&backTo=http://markets.theage.com.au/apps/qt/quote.ac?code=lnc

[QUOTE="basilio, post: 706379, member: 18692"] LNC has responded to a "slowing" ticket from ASX. All seems positive. They are still banking on being cash flow positive via the North American oil assets and are not specifically counting on short term financial sales of assets (although these are expected) Of course if oil drops sharply as a result of a GFC those projections would be revised IMO. They also noted the sharp rise in shorting during May. [url]http://newsstore.fairfax.com.au/apps/previewDocument.ac?sy=age&ss=AGE&docID=GCA01300079LNC&backTo%3Dhttp%3A%2F%2Fmarkets.theage.com.au%2Fapps%2Fqt%2Fquote.ac%3Fcode%3Dlnc[/url] [/QUOTE]

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