Lion One Metals Ltd V.LIO

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

Metals & Mining Gold

Lion One Metals Limited is a Canadian gold producer. It is in the business of mineral exploration and evaluation and is focused on the development of mineral resources in Fiji. The Company is the owner and operator of the Tuvatu Gold Mine located on the island of Viti Levu in the Fiji Islands. The Tuvatu Gold Project has been fully permitted for development, construction, and mining by the Government of Fiji with the grant of a Special Mining Lease (SML 62). The Tuvatu project comprises the high-grade Tuvatu Alkaline Gold Deposit, the Underground Gold Mine, the Pilot Plant, and the Assay Lab. The Property comprises four special prospecting licenses (SPL 62), with a total area of 20,170.5 hectares. It also has an extensive exploration license covering the entire Navilawa Caldera, which is host to multiple mineralized zones and highly prospective exploration targets. It holds four exploration licenses for the Tuvatu properties as granted by the mineral resources department.

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Lion One Metals Ltd > P/e = 3 at current gold price

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Comment by Puma1backon Jul 08, 2024 12:06pm

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Post# 36122893

RE:RE:P/e = 3 at current gold price

there is the usual blurb in the liquidity section of the MD & A that says will need additional capital, but the wording is pretty boiler plate.

QualityTest wrote: Lion One confirmed they will need another financing in the latest quarterly. I think that P/E will be short lived after we get slammed with more dilution, which shorts think is happening quickly.

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