Just shows that I have not really been following LIO for a while
Kind a looks interesting re
LION currently holds a 30.77% equity interest in KRX and retains the exclusive right, but not the obligation, to move to a 57.14% equity position through additional funding of A$2 million to KRX.
Post the farm-in of KRX, participating interests in the SBA PSC are: • 51% RENCO Elang Energy Pte Ltd • 14% PT Prosys Oil & Gas International • 35% KRX Energy (SBA) Pte Lt
Source: SOUTH BLOCK “A” FARM-IN APPROVED 31st October 2012
LIO Price at posting:
20.0¢ Sentiment: None Disclosure: Held
