Lion One Metals Ltd (LOMLF)

[ctoivo]

Something to ponder?
There is the possibility, (I certainly don't know how strong of one), that Berukoff has been shopping LION to possible buyers. That would explain the time its taken for new news.
The Capex for getting the mine underway isn't that great so it seems like that should have been done by now. Selling the mine, on the other hand, would be a whole different story, and might take longer. He controls 35% or so of the shares so likely would feel he could get a few more shareholders to have enough votes to OK a sale.
I hear there are would be investors/financiers going to Fiji July 1st, so it may still be a while before anything is cleared up.
I'm just 'speculatin' here while we wait.
Still time to top up on shares like Sir Walter has been doing. :)