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Bullboard - Stock Discussion Forum 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... see more

TSXV:LIO - Post Discussion

Lion One Metals Ltd > Ronan's (IR) reply to my email about the last 2 NRs
View:
Post by WisGuy1 on Jan 05, 2024 9:30pm

Ronan's (IR) reply to my email about the last 2 NRs

 
Ronan Geoghegan
Corporate Development
8:16PM 
to me
 
Thanks for the updates and apologies for not getting back to you sooner. I’m glad the addition of Alex, Dave and Melvyn has been well-received. We’re very happy to have them on board. In terms of the Nebari Tranche 2 financing, that is related to the 500 TPD mill expansion. Once we completed the equity raise in May 2023 we decided to expedite the 500 tpd mill expansion from fall 2025 to fall 2024. In doing so we need Tranche 2 (and possibly Tranche 3 – the remaining $4M) to complete the expansion.
Comment by roberto146 on Jan 06, 2024 11:12am
Does that mean they have not been running at 300 tpd for November, December, and onwards? The news release of Oct 10th indicates that the mill would be ramping up to 300 tpd beginning the end of Oct '23, and 500 tpd mid-2024 (now revised to Fall '24 according to the email). I haven't seen any other news updates since that say otherwise. In promo videos I also had the impression they ...more  
Comment by WisGuy1 on Jan 06, 2024 12:35pm
roberto146, I think you should ask him yourself. I first reached him at    info@liononemetals.com
Comment by roberto146 on Jan 06, 2024 12:40pm
I was asking what questions you posed to him, i.e. were all your questions answered.
Comment by WisGuy1 on Jan 06, 2024 1:22pm
I sent him a couple of LIO posts from CE.CA questioning the financing and he replied with what I posted. So, yes. He answered the question that was asked.
Comment by roberto146 on Jan 06, 2024 1:29pm
Thanks.
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