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Bullboard - Stock Discussion Forum Loncor Gold Inc T.LN

Alternate Symbol(s):  LONCF

Loncor Gold Inc. is a Canadian gold exploration company. The Company is focused on projects within an approximately 480 square kilometers (km2) area on the Ngayu Greenstone Belt in the Northeast of The Democratic Republic of the Congo (the DRC). The area is located over 220 kilometers southwest of the Kibali gold mine, which is operated by Barrick Gold (Congo) SARL. It owns or controls a... see more

TSX:LN - Post Discussion

Loncor Gold Inc > Financing has many options, if needed
View:
Post by nozzpack on Jan 13, 2022 6:57am

Financing has many options, if needed

Mr Kondrat is the Founder, President and CEO of Sterling Portfolio Securities Inc, a private venture capital firm based in Toronto, Canada.

 

Mr. Matheys is a professional geologist with more than 27 years of experience in Africa.

Prior to his role with Loncor, Mr. Matheys served as Exploration Geologist for De Beers in Botswana, West Africa and South Africa and spent eight years as Exploration Manager in the Democratic Republic of the Congo with exploration programs focused on gold, diamonds, niobium and tungsten.

 

Mr. Chen is Managing Partner of Dynaco Capital Inc., a Toronto-based financial advisory firm.

He has participated in several significant transactions between Chinese SOEs and TSX-listed mineral companies in the past two decades. Mr. Chen holds an EMBA degree (University of Hawaii), LL.M degree (East China University of Science and Technology) and B.Sc. degree (Shanghai Normal University).

 

Mr Barker has 17 years’ experience as a leading mining analyst, including with RBC DS where as Managing Director he headed up their London based Global Gold Mining initiative, focussing on African mining equities.



 
Comment by nozzpack on Jan 13, 2022 7:43am
I am not quite sure that they need a financing. Their Las financing in late July 2021 brought in $5.4 million. They have 5.5 million warrants @$0.70 expiring in a matter of weeks, if not exercised They have another 4 million warrants @$0.95 expiring in June 2022. And they have 6 million options @$0.42 which are vested and exercisable . I have no idea as to how many of these warrants and options ...more  
Comment by givemeabreak1 on Jan 22, 2022 2:58am
Even an idiot knows out of the money option do not get excersised!  Even a fool can read their financials ie they definately will need to do a financing very soon!  
Comment by givemeabreak1 on Jan 22, 2022 3:02am
Should say options and warrants!  God I feel like any idiot lol!
Comment by KozmoD on Jan 23, 2022 5:04am
This post has been removed in accordance with Community Policy
Comment by CarlosDanger18 on Jan 23, 2022 12:55am
Yes, Gimmebreak your so smart. Thank you for explaining to us how the stock market works! 
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