LIO
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0.00% 2.3¢ lion energy limited

oil discovery: 42mmbo and drilling again, page-5

  1. Jim
    950 Posts.
    lightbulb Created with Sketch. 79
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    26/05/08
    17:29
    Post #: 3768290
    ...I can't believe 1 million barrels of oil, less costs, would have this affect...

    ????

    At $30 per barrel conservative valuation...

    50c per share, plus 14 cents per share in cash, plus produciong asset, another 13 cents per share.


    Yes, I think this can get it moving!

    Good luck...
    LIO Price at posting: 0.0¢ Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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