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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 > 7000- 8000 ounces in Q2…$23 million in revenues
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Post by nozzpack on May 15, 2024 8:41am

7000- 8000 ounces in Q2…$23 million in revenues

1200 ounces up to May 10.

400 tpd for May 15 to June 30 = 18000 tons of ore.

Grade ?

Its increasing rapidly and the recent very high grade near surface drill resukts were stated to be mined this quarter.
I chose 10 grams which is 5800 ounces.

About 600 ounces of dore were in inventory which will be sold in Q2.

This brings total ounces available for sale in Q2 to be about 7500 ounces.

Current POG is $3250 cad per ounce, so about $23 million cad in gross revenues in Q3
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