I laugh in the face of danger.

Simba: Huh. Look. Banana Beak is scared. Heh.

Zazu: {Poking Simba in the nose}
That's Mr. Banana Beak to you, fuzzy. And right now we are all in very real danger.

{Simba has moved nearer to the entrance of the skull}
Simba: Danger? Hah! I walk on the wild side. I laugh in the face of danger. Ha ha ha ha!

This is when they are at the elephant graveyard right b4 they see the 3 hyenas

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