LIO 4.55% 2.1¢ lion energy limited

thats it for me, page-4

  1. 34,604 Posts.
    re: big consolidation coming up..caby hi caby

    hope you're well..

    it's worth looking at..but

    i'd wait until after consolidation 1:100 has been completed.

    after consolidation we should see approx 60mm shares, with share price approx 30cents or so. (somewhere between 30-40cents)

    StockAnalysis rates Prospects SM138 & SM152 as fairly low risk.

    with potential 14mmbls. LIO's interest 30%.

    as yet no news as to when drilling will commence, hopefully before the end of 2006.

    so, lets wait until after consolidation & we have some news about drilling dates.

    otherwise it ain't looking bad..

    regards



    Subject re: big consolidation coming up...sandy
    Stock Code LIO - LION ENERGY LIMITED
    Posted 28/09/06 9:44:25 AM
    Posted by Cabe
    IP 203.166.xxx.xxx
    Hotcopper Radio LIO on BoardRoom Radio
    Post #1275829 - 60 reads
    In Reply to msg #1275718

    You dipping your toe in Sandy?

 
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