LIO
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0.00% 2.4¢ lion energy limited

News: Lion Energy reveals material discovery at Lofin-2 well, page-3

  1. semillon
    168 Posts.
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    29/05/15
    15:28
    Post #: 15378009
    Hi Davier
    Citic Resources Hong Kong listed (code 01205)
    Their price has increased from HK$1.00 to HK$2.00 since April 2015 (Announcement time)
    The market cap increase of A$1.31b which equates to $25,714 per percent interest in Seram block.
    On that valuation LIO is worth $64.3m or A$0.67c per share

    This discovery looks to be huge
    Cheers
    LIO Price at posting: 15.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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