cashed up to the hilt and more to come, page-7

page 26 when viewing PDF file.


or



bottom of page 4 of Bentley's Independant expert's report.........



4.2 We have been advised by the Directors of Lion that:
• There are no proposals currently contemplated whereby Lion will acquire any
property or assets from the Associated Parties or any other party associated with
them. Further, there are no proposals to transfer any of the Company’s property or
assets to the Associated Parties or any other party associated with them;
• The composition of the Board will not change but is subject to the passing of
Resolutions 1 and 2;
• There is no intention to change the dividend or financial policy or employment
arrangements or business direction of the Company; and
• The Associated Parties do not have any present intention to inject further funds
into the Company.
The Directors of the Company advise that it will focus on major exploration and resource
extension drilling programmes in the Gulf of Texas. Further, under the Put Option agreement
the Company had a three month period from 2 November 2006 to decide if it will sell its
interest in the production sharing contract in Seram, Indonesia. This has now expired.




i know sometimes it's tooezy to miss something when you didn't really want to see it in the first place.




cheers