The half yearly accounts [note they are always in US$ for LIO] showed US$2m so around A$3.1m. Last I saw [preso last year] was a total PoB cost of A$13m. Part of that expense already purchased. Guesstimate need $10m-$12m more?
We have an oil pull of 200,000 barrels due in June 2024 which will add around US$1m+ to the coffers. So say A$1.5m based on Crude US$85 and expenses of US$30/barrel.
LIO Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held
