LLO lion one metals limited

Ann: Lion One Announces Closing of $27m Bought Deal, page-9

  1. 1,686 Posts.
    lightbulb Created with Sketch. 838
    This may help

    https://hotcopper.com.au/data/attachments/5305/5305158-69acb2977c2ec6e7f86273ddb58b8f5d.jpg

    Concentration for them is getting the mine up and running rather than doing a PFS.
    Starting off at 300t a day expecting to start in the 4th quarter this year and then expanding to 500t a day in 2025.
    I'm certainly no expert in this but from what I can tell due to the thin veining, it is too difficult to get an accurate figure for resource hence why they are doing the starter mine.
    The thing that got me interested in LLO initially, was everywhere they hit the grade was and still is huge. This will be a very low cost high grade operation, that I believe, going by WB’s past history, will eventually be sold off to the big boys as he has done before.

    GLTAH
    DYOR
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.