LIO 0.00% 2.0¢ lion energy limited

most undervalued oiler on the asx....., page-4

  1. 4,510 Posts.
    Then step up and fill your boots Jim.

    You may as well grab some options as well.

    I agree with miningnut that there are plenty of risks involved, but still that is a good little earner they have coming from Oseil.

    The problem with Lion is that they are a little boxed in with this asset. It would be better for them to turn it into cash by selling it, but only the JV partners would consider buying it and they certainly would not pay anything close to full price for it.
 
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