Lion One Metals Ltd V.LIO

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

Metals & Mining Gold

Lion One Metals Limited is a Canada-based exploration company. The Company is engaged in the business of mineral exploration and evaluation and is primarily focused on the acquisition, exploration and evaluation of mineral resources in Fiji. The Company owns 100% of Tuvatu Alkaline Gold Project, which is located approximately 24 kilometers northeast of the town of Nadi on the island of Viti Levu in the Republic of Fiji. The area surrounding the Tuvatu gold deposit and resource area is covered by approximately three-square kilometers of special mining lease (SML 62), with the broader project area covered by approximately 13,613 hectares of special prospecting licenses (SMLs 1283, 1296, 1465 and 1512), covering the balance of the Navilawa caldera. The SML 62 provides rights for the potential development, construction, and operation of mining, processing, and waste management infrastructure at Tuvatu. The Company holds over four exploration licenses (SPLs) for the Tuvatu properties.

TSXV:LIO - Post by User

Lion One Metals Ltd

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Post by nozzpackon May 02, 2024 7:32am

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Post# 36018962

NAV Drivers of Value

1....LOM ( Mine life )

2...Grade

3....cash costs

4..Debt Capex

1......There are few other mines that can compete with Alkaline gold deposits....NewMonts Lihir has been producing over 600,000 ounces per year for over 25 years .....Fiji Emperor over 75 years

2....Emperor at 6 grams, Lihir at 2 grams , Vacatu over 10 grams

3...cash costs ....inverse to gold grade...Vacatu has very high grades

4..Debt capex ......LIO debt is very modest hence high IRR and quivk payback

So, in any updated FS, the NAV will be very Robust and probably above $3 per year at POG above $2000 US

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