@JGMS $LIO added yesterday after sitting on some for a long time. Missed the December lows, but prices ended down here after the news Quinton Hennigh would be joining! > Donald Smith & Co Value investors holding 14%. > Management holding 22% fully motivated to realise value. > Serially successful Wally Berukoff should get things done in the right market, sold previous companies for $500m-$1.5bn. > Last financings at nearly double or triple current prices. > $11m cash / $50m market cap. > Initial mine plan high IRR 62% may appear small at $107m NPV @$1300 but based on "Near surface only; Less than 10% of the System Drilled". Quoting new addition Quinton Hennigh "Given that only a very small volume of the overall system has been explored, I see excellent potential for growth at Tuvatu." > Recent interest of JOGMEC at $AWE adds some support to Fiji jurisdiction. $NCM.ax also in Fiji. 40km from “Vatukoula…..a true world class mineralization system… one of the 10 largest epithermal gold systems ever discovered” https://liononemetals.com/wp-content/uploads/2019/03/LIO-PPT-PDAC-MAR-2019-WEBSITE-1.pdf