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0.00% 2.2¢ lion energy limited

seems as though they should pull their finger , page-10

  1. The Plunger
    371 Posts.
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    18/07/07
    11:35
    Post #: 2630078
    It's crystal ball gazing, but I'd say they have about $5 to $5.3 million in the bank.

    At Dec it was 8.5 Cash, with 3.4 as capitalised exploration with another 2.6 as trade debts - so that makes the 6 mil for the GOM duster. subtract at least another .5 to .6 for salaries. So that's apprx 9cps in cash - no bargain just yet.
    LIO Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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