Linc Energy Limited

Linc Energy Limited

Postby behappyalways » Sat Jun 28, 2014 12:18 pm

My take......This company has lots of assets but it will need time and $$$ to mine those assets.

With only little cash compared to debts, it might need to issue more shares (like those to Genting) which will dilute existing shareholders or sell off certain assets.

One thing I like is the Carmichael Royalty(page 4 of corporate presentation) which meant they would be able to receive A$2/t of coal produced indexed to CPI for the 1st 20 years.

If Adani could produced stated goal of 60Mtp then company would received A$120m. (page 33). First production expected in 2017. So from now up to 2017, one needs to gauge the number of shares issued.....if they keep on issuing shares or convertible bonds to raise cash, then the income from royalty will not be significant per share basis. Will also need to monitor if their other assets become cashflow positive.....


GENTING EXERCISES CALL OPTION TO ACQUIRE A FURTHER 10,750,000 LINC ENERGY SHARES
http://infopub.sgx.com/FileOpen/Linc_En ... eID=301093


CORPORATE PRESENTATION JUNE 2014
http://infopub.sgx.com/FileOpen/Linc_En ... eID=299864


Third Quarter Results
http://infopub.sgx.com/FileOpen/Linc_En ... eID=297336
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Re: Linc Energy Limited

Postby behappyalways » Thu Aug 28, 2014 9:54 am

(never count the chickens before they are hatched. For a cash strapped company it has to either issue more new shares or sell off assets)

LINC ENERGY AGREES TO SELL ITS CARMICHAEL MINE ROYALTY TO ADANI FOR AU$155M
http://infopub.sgx.com/FileOpen/Sale%20 ... eID=312667



behappyalways wrote:My take......This company has lots of assets but it will need time and $$$ to mine those assets. With only little cash compared to debts, it might need to issue more shares (like those to Genting) which will dilute existing shareholders or sell off certain assets. One thing I like is the Carmichael Royalty(page 4 of corporate presentation) which meant they would be able to receive A$2/t of coal produced indexed to CPI for the 1st 20 years. If Adani could produced stated goal of 60Mtp then company would received A$120m. (page 33). First production expected in 2017. So from now up to 2017, one needs to gauge the number of shares issued.....if they keep on issuing shares or convertible bonds to raise cash, then the income from royalty will not be significant per share basis. Will also need to monitor if their other assets become cashflow positive.....



GENTING EXERCISES CALL OPTION TO ACQUIRE A FURTHER 10,750,000 LINC ENERGY SHARES
http://infopub.sgx.com/FileOpen/Linc_En ... eID=301093


CORPORATE PRESENTATION JUNE 2014
http://infopub.sgx.com/FileOpen/Linc_En ... eID=299864


Third Quarter Results
http://infopub.sgx.com/FileOpen/Linc_En ... eID=297336
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Re: Linc Energy Limited

Postby winston » Thu Sep 04, 2014 5:49 pm

not vested

Linc Energy ($1.24, up 9.0 cents) said that it has received unsolicited expressions of interest for both its Umiat and Wyoming conventional oil assets in the US.

The company has already commenced a formal process to work with additional parties who have expressed an interest in the potential acquisition of its entire USA based oil and gas portfolio.

However, we note that it is still early days on the oil asset negotiations and there is no assurance that these activities will result in a formal offer or binding arrangement.

Meanwhile, Linc Energy also intends to divest its other non-core assets and is currently working with third parties on a range of opportunities.

In particular, management confi rms that it has received and is currently evaluating offers regarding its Queensland coal assets portfolio, including standalone offers for individual coal assets.

Source: Lim & Tan
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Re: Linc Energy Limited

Postby behappyalways » Wed Apr 01, 2015 5:53 pm

Not vested

Linc Energy enters into Receivables Transaction
http://infopub.sgx.com/FileOpen/2015040 ... eID=341292
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Re: Linc Energy Limited

Postby behappyalways » Thu Nov 19, 2015 10:07 am

(selling at a low I guess with current low oil price..... :lol: )

Linc Energy in talks to sell shale oil assets but no deal signed
http://sgx.i3investor.com/servlets/fdnews/55818.jsp
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Re: Linc Energy Limited

Postby behappyalways » Thu Mar 31, 2016 2:33 pm

Linc Energy seeks voluntary suspension of trading
http://sgx.i3investor.com/servlets/fdnews/59369.jsp
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Re: Linc Energy Limited

Postby behappyalways » Fri Apr 15, 2016 6:29 pm

Linc Energy enters into voluntary administration
http://sgx.i3investor.com/servlets/fdnews/59861.jsp
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