LIO 4.76% 2.2¢ lion energy limited

pauljbo470:"They shipped off 3.56 mil as a loan to their "fully...

  1. 33,305 Posts.
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    pauljbo470:

    "They shipped off 3.56 mil as a loan to their "fully owned subsiduary" I wouldnt mind knowing what they are doing with it."

    This is a good question. The incorrect media announcement is all we know.

    My comment from:
    http://www.hotcopper.com.au/post_single.asp?fid=1&tid=1086914&msgid=6062117


    "A new vehicle in China to explore energy prospects. I wonder what 3.5Mill will do?

    1. Allow for trips to China (sightseeing)
    2. Cheap shopping in China
    3. Perhaps make contacts
    4. Perhaps make business friends
    5. Perhaps bring some value to the company

    I hope the above order is not what the future direction of the company will amount to."

    One day I hope!


 
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