LNC 0.00% 99.5¢ linc energy ltd

credibility

  1. 297 Posts.
    I was just recently going through the company announcements and to my shock and horror I realised that Linc has appointed Don Schofield as General Manager of underground coal gasification. Don started Whitsands drilling WSP which later went into receivership within a year of listing. He tried to rebadge and refloat WSP under the name of Maverick Drilling and again failed to do so. A lot of people are very angry at Don, and I am one of them. Their symbol is MRK and there is some interesting reading pertaining to Don in the creditors reports to shareholders. I was a shareholder of WSP and was considering purchasing shares in LNC, but there is no way I am going to do so with Don Schofield involved. What were they thinking?
 
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