Bullboard - Stock Discussion Forum 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... see more

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TSXV:LIO - Post Discussion

Lion One Metals Ltd > No new financing needed

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Post by WisGuy1 on Dec 02, 2023 9:08am

No new financing needed

xxxx. I reached out to LIO regarding financing etc and they did not seem interested in financing to me in the exchange and said they still had C$16 Mn in their credit facility. Also said they would update market soon regarding progress updates covering operations and exploration. All sounds fine to me. I think the financing risk was way overblown. My two cents. I look forward to updates with everyone else, but this story has only continued to develop and they have brought a mine into production just as gold is hitting all-time high, grades keeep over delivering... I see the story and thesis playing out very well.

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