RE:(Press Release) on our Stockhouse Drhoho wrote: a/o this Wednesday, 1 June, LGO obtains TSX NCIB approval to purchase for cancellation, over 1 year through 31 May, 2023, up to 10% of the float of 36,410,986 shares, or 3,641,098 shares, not to exceed 24,510 shares daily (25% of past 6 month average daily volume). 1st time I have seen a Press Release on Stockhouse site. Will be interesting to see initial market reaction to this news approval by TSX and then to follow and try to evaluate its market effect over this 12 month period of time. The overall effect on SP remains, more importantly, on Maracas production, V23 commodity market price, followed by the multiple LGO irons-in the-fire out there yet to materialize (LCE with VRFB, LPV, TiO2), or not. I am really glad that the BOD is getting TSX approval for share buyback, and can view it only positively.
"I am really glad that the BOD is getting TSX approval for share buyback, and can view it only positively.[" I totally agree doc.
GL