LIO 5.56% 1.9¢ lion energy limited

lio to blow $$$$$, page-12

  1. 7,611 Posts.
    re: salty to b2 Hi B2 ....... hard one to read this. I'm not overly keen having done some research.
    Price has tripled in past couple months so should be plenty stock around to stymie any rallys from here.
    Drilling will certainly add interest , but thats a while away.
    Capped at $25m (undiluted) and burning cash quick , will need oppies to convert in Feb (2.25c) or further cap raising.
    Also sovereign risk to consider...

    Compared to NEO capped at $13m (undiluted) I think the market is doing LIO a favour.

    Will stick on watchlist , the way the shares are behaving suggests a 'leftfield' ann. may be possible.

    Cheers

    SALTY
 
watchlist Created with Sketch. Add LIO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.