LIO
Click for more information
4.55% 2.1¢ lion energy limited

re: just a guess... Just a guess...But I reckon LIO may be close...

  1. trade4profit
    15,276 Posts.
    lightbulb Created with Sketch. 45
    clock Created with Sketch.
    21/10/04
    20:16
    Post #: 623650
    re: just a guess... Just a guess...

    But I reckon LIO may be close to announcing a new JV partner for their 100% Seram (non-bula) block sole risk well.

    With P50 reserves of 8.9 mmbo (Dewang) and 4.7mmbo (Solan), assuming they can negotiate something like a 30%+ "free carry" status through drilling, an announcement along these lines should be seen as very positive by the market.

    When you look at it, between the current Oseil expansion, possible divestment of Bula and now sole risk well at Seram, LIO actually have plenty of things to announce over comming months...the kind of "sexy" stuff the market likes to see.

    Could be an interesting period ahead!

    Cheers!
    LIO Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 
watchlist Created with Sketch. Add LIO (ASX) to my watchlist
(20min delay)
Last
2.1¢ 		Change
-0.001(4.55%) 		Mkt cap ! $10.48M
Open High Low Value Volume
2.2¢ 2.2¢ 2.1¢ $324 15.43K

Buyers (Bids)

No. Vol. Price($)
1 17730 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.2¢ 64551 1
View Market Depth
Last trade - 14.23pm 27/11/2024 (20 minute delay) ?
LIO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.