Dual boot - current and stable problem

Using current, decided to install stable (14.2), skipped LILO installation from the installation on sda3, edited lilo.conf after reboot.

# Linux bootable partition config begins
image = /boot/vmlinuz
root = /dev/sda2
label = current
read-only

image = /mnt/boot/vmlinuz
root = /dev/sda3
label = stable
read-only

# Linux bootable partition config ends

bash-5.1$ sudo lilo
Warning: LBA32 addressing assumed
Added current *
Fatal: open /mnt/boot/vmlinuz: No such file or directory
bash-5.1$

What am I doing wrong?