LIO
Click for more information
0.00% 2.3¢ lion energy limited

still trading heaps, page-10

  1. ian_whitchurch
    2,834 Posts.
    clock Created with Sketch.
    19/11/04
    11:19
    Post #: 664831
    re: still trading heaps - ian Gorgo,

    $5m goes a fair way in this business.

    For example, it would buy you 50% of a 4 well onshore program at 3:2 (ie you pay 75% of the costs to win half of what's found), or it would buy 50% of a shallow offshore drill at the same rates.

    Alternatively, it pays for 4 serious seismic programs, and a bit left over.

    Ian Whitchurch
    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

 

Featured News

ENR Encounter Resources flags latest niobium hits in fresh assay data
right-arrow Created with Sketch.
PMT High-grade lithium zone extended at Patriot's Corvette project, drilling grades at 5%
right-arrow Created with Sketch.
NEWS The Big Deal: Free-to-air TV swings the axe, but will it be enough as enormous sports deal bills loom?
right-arrow Created with Sketch.
MGT Magnetite Mines set to progress DFS for Razorback through deal with JFE Shoji
right-arrow Created with Sketch.
AWJ Auric jumps 10% on maiden cash sales in Q3CY24 and firm guidance
right-arrow Created with Sketch.
CUV British study shows Clinuvel drug effective on DNA of UV-damaged skin
right-arrow Created with Sketch.
watchlist Created with Sketch. Add LIO (ASX) to my watchlist
(20min delay)
Last
2.3¢ 		Change
0.000(0.00%) 		Mkt cap ! $10.05M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 189400 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 65717 2
View Market Depth
Last trade - 16.12pm 08/07/2024 (20 minute delay) ?
LIO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.