Report

QuickView: Focused value proposition

With strong local relationships from 15 years in-country, Lion Energy has
built an interesting portfolio. This includes a small production interest in a
major project, a promising development story and an early position in
proving-up unconventional prospectivity of the Sumatra Basin. However,
with limited capital resources (US$4.1m at March 2015), the company will
need further cash to support potential developments and its work
programme, but has support of in-country shareholders.
Underlying
Lion One Metals Ltd.

Lion One Metals is in the business of mineral exploration and development and is focused on the acquisition, exploration and development of mineral resources in Fiji, Australia and Argentina. Co. is in the process of exploring and evaluating its resource properties and has not yet determined whether the properties contain mineral reserves that are economically recoverable. The recoverability of the amounts shown for exploration and evaluation assets are dependent upon the existence of economically recoverable reserves, the ability of Co. to obtain necessary financing to complete the development of those reserves and upon future profitable production.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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