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Today's quote:

Thursday, February 28, 2013

Our LINC to a prosperous future

 

 

Linc Energy Ltd (LNC) is involved in development and commercialisation of Coal-to-Liquids (CTL) processes through the combined utilisation of Underground Coal Gasification (UCG) and Gas to Liquids (GTL), using clean coal technology. LNC’s operations are located in four principal locations: Australia (QLD and SA), North America (Colorado, Wyoming, Montana and Alaska), Europe (London) and Asia (Uzbekistan). The operations consist of three key divisions namely coal, clean energy and oil & gas.

On 23 January 2013, Linc Energy announced the discovery of tight oil resource surrounding Coober Pedy estimated at between 3.5 and 223 billion barrels of oil.

Today the price has gone up almost 16% to $2.70. Too late to buy in?

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