RE:RE:RE:RE:RE:RE:Wally Talking About Protecting from Hostile
Oh Cyber37 - you have no faith. Maybe you missed this but they do have a plan.
Vancouver, B.C., August 24, 2016. Lion One Metals Limited (TSX-V: LIO) (ASX: LLO) (OTCQX: LOMLF) (FSX: LY1) (the “Company”) is pleased to announce the signing of a non-binding Memorandum of Understanding (MOU) for an EPC Contract and Vendor Financing Agreement with Ansteel-CapitalAsia Global Engineering Inc. (the EPC Contractor, or Ansteel) covering a comprehensive Engineering, Procurement, Construction, and financing package for the development of the Company’s 100% owned and fully permitted Tuvatu Gold Project in Fiji.
I'm still waitng for an update since they have never informed shareholders that they decided not to go through with this plan. So I think they are still just working out some details - right!! LOL
But if I lose faith - well there's another plan:
North Vancouver, B.C., June 4, 2018. Lion One Metals Limited (TSX-V: LIO) (ASX: LLO) (OTCQX: LOMLF) (FSX: LY1) is pleased to announce it has entered into an indicative term sheet with Sinosteel Equipment & Engineering Co., Ltd. (“Sinosteel”) of China and Baiyin International Investment Ltd. (“Baiyin”). The term sheet incorporates an EPC and gold dor off-take financing facility totalling US$40 million (the “Facility”) for mine development and construction of the processing plant for the Company’s........
Again this plan has never been rebuked by the company. If they had decided not to go forard with this plan they would have informed shareholders wouldn't they!! LOL
The fact is if the project wasn't so good or Qh had arrived on the scene I would have been long gone. There's still a good chance to make money here and I think we are getting closer to that point. Now it won't be as much as I thought considering factor such as time decay but profits there should be. Gotta hang in there and laugh a people over at CEO thinking their "somebody" is playing 3d chess. LOL