CAPITAL MARKETS

Lion Selection in turnaround with $9.5m profit

MINING investor Lion Selection has recorded a net profit of $9.5 million for the year to July 31,...

Michael Quinn
Lion Selection in turnaround with $9.5m profit

Lion sold 37.8 million shares and 22.5 million options in ConsMin in late-2001 - making a pre-tax profit of almost $13 million - after first investing in the manganese and chromite miner three years earlier....

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