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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 > Just a Guess But Trading Today Like a Financing Coming Soon?
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Post by crazytimes on Jan 06, 2025 10:45am

Just a Guess But Trading Today Like a Financing Coming Soon?

Thought they would have done it sooner, and maybe they won't but If I had to guess by the trading action lately the odds are 65/35 now in favor of a raise any day. Maybe $5 mill to give them some room. If they can get by without it great, but if they are gonna need it, better to just get it done and move on, instead of waiting until you really, really, really need it and get punished even worse. Just my opinion.
Comment by roberto146 on Jan 08, 2025 2:30pm
crazytimes: "If I had to guess by the trading action lately the odds are 65/35 now in favor of a raise any day." It's possible. A big hunk of the drawdown could have helped to pay interest that was 2 1/2 months in arrears. From Q1 '25 Financials but not in the 12/2 NR:  "The Company has a $1,662,724 interest payment deferral from Nebari to December 13, 2024, for ...more  
Comment by forwardflash on Jan 11, 2025 12:01pm
"4,142,759 common shares in the capital of the Company as a loan bonus"  How long will it take for the market to absorb those shares, I'm sure Nebari isn't going to hold them.