There was plenty of time for small shareholders to get out with a loss but not a total loss .
Whereas the Eastern Europeans used UCG in isolation , Linc adopted a full system approach and was afaik the first to published an economic model .
Everyone else just talked about the syngas but Linc's model included the biproducts like barrels of coal condensate and enhanced oil recovery . They proved that UCG char could be used for carbon dioxide capture and storage too .
Whilst I don't blame people for feeling very angry towards Bond , he kept trying and every investor and entrepreneur should be incensed about the Qld govt's war on the UCG triplets .
The media love to build someone up - just so they can knock them down .
LNC Price at posting:
99.5¢ Sentiment: None Disclosure: Not Held