Lion One Metals Ltd V.LIO

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

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.

TSXV:LIO - Post by User

Lion One Metals Ltd > Q4 and Y/E '24, +1Q current?

<< Previous

Bullboard Posts

Next >>

Comment by Puma1backon Dec 01, 2024 3:19pm

64 Views

Post# 36339757

RE:RE:RE:Q4 and Y/E '24, +1Q current?

There is no comment in either the financials or the MD&A that they have to raise cash this year and tied into the year end June note which says funded for fiscal 2025 then it is possible they can carry his into cash flow positive. Working capital of $26 million is like 80% of the debt.

that would make this pretty undervalued.

BearKiller wrote:
False. Net loss was .0/share and they had an operating profit from mining operations of $1.5M.

Also 500 oz were not sold and remain in inventory and 1800 oz within the milling circuit.

<< Previous

Bullboard Posts

Next >>

The top 10 Canadian medical stocks