Lion One Metals Ltd V.LIO

Alternate Symbol(s): LOMLF | V.LIO.W

Metals & Mining Gold

Lion One Metals Limited is a Canada-based exploration company. The Company is engaged in the business of mineral exploration and evaluation and is primarily focused on the acquisition, exploration and evaluation of mineral resources in Fiji. The Company owns 100% of Tuvatu Alkaline Gold Project, which is located approximately 24 kilometers northeast of the town of Nadi on the island of Viti Levu in the Republic of Fiji. The area surrounding the Tuvatu gold deposit and resource area is covered by approximately three-square kilometers of special mining lease (SML 62), with the broader project area covered by approximately 13,613 hectares of special prospecting licenses (SMLs 1283, 1296, 1465 and 1512), covering the balance of the Navilawa caldera. The SML 62 provides rights for the potential development, construction, and operation of mining, processing, and waste management infrastructure at Tuvatu. The Company holds over four exploration licenses (SPLs) for the Tuvatu properties.

TSXV:LIO - Post by User

Lion One Metals Ltd

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Comment by heybulldogon Jun 24, 2019 5:46pm

46 Views

Post# 29857928

RE:RE:RE:RE:Shaking The Tree Before The Interview

I've always maintained that Lions priority should be a processing plant. Financed through debt would be my choice.
That way we would avoid the curse of all investors - share issuance.
With cash flow from production Lion could prove up what we have and really make someone pay up!

Regarding 2000 dollars for gold - that would greatly impact pay back time. There are published Sensitivity Response charts. For instance a gold price of 1320 would decrease the payback to 1.1 years. The charts don't go beyond
1680 dollars - but at that price we would pay off the loan in about 9 months.

I also believe shares at 1.25 would be a bit of a give away but better than the other choice.

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