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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Bullboard - Stock Discussion Forum Lion Electric Ord Shs T.LEV

Alternate Symbol(s):  LEV | LEV.WS | T.LEV.WT | LEV.WS.A | T.LEV.WT.A

Industrials
The Lion Electric Company is a manufacturer of zero-emission vehicles. The Company creates, designs and manufactures all-electric class 5 to class 8 commercial urban trucks and all-electric school buses. It is engaged in electric transportation and designs, builds and assembles many of its vehicles' components, including chassis, battery packs, truck cabins and bus bodies. Each Lion vehicle is... see more

TSX:LEV - Post Discussion

Lion Electric Ord Shs > Financials
View:
Post by Tslayer on Nov 07, 2024 8:33am

Financials

Could things get any worse for Lion? Another terrible 1/4. It could be under $0.50 by the time next 1/4 rolls around.
Comment by Tslayer on Nov 07, 2024 12:37pm
Sorry. Correction. It will under $0.50 by tomorrow. :)
Comment by Tslayer on Nov 07, 2024 12:59pm
Liquidity is already a problem with this company and it's just going to get worse. They are bleeding money and will need an infusion soon. I foresee a large PP in the $0.30 - $0.40 range. With that degree of dilution, those of us who bought in over a $1.00 will never see our money again. In the notes in the latest financials, the CEO states they are struggling to maintain their leadership team ...more  
Comment by saojoaquim on Nov 09, 2024 2:11am
Unfortunately, LEV seems to be caught in an accelerating financial whirpool where the liquidity crisis keeps the buyers away (who will buy these buses and trucks from a company that's sinking ?)
Lion Electric Ord Shs