From his solo LP of the same name, this is the Super Furry Animals’ frontman at his most playful and childlike. Although, given that it’s him, there’s probably meant to be a bit more to the song than simply a nursery rhyme about a lion made from candy. One of the YouTube commenters even suggests that it’s about heroin. Of course, because any song with a psychedelic/surrealist edge just has to be about drugs.
I don’t know. Maybe it is about drugs. Either way, it’s very pretty.