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The PEA says the mine will open 2025 and the PFS drilling will start this Spring. What else do you need to know? Oh, and Promethieus will be raising funds to purchase @LomikoTech - $ 1.4 non-dilutive AND they have over $ 4 mil in the bank anyway. It's way too cheap.
So even at five cents one should not dip thier toe in (29% lower than now) ?
Thanks for your thoughts
Believe me I know or am aware of their charts' "lameness"
But (coming from a chart-person).....if the chart's saying "Hey maybe" then....perhaps it'd work.
Because that's TOTALLY implying that........"there's just something about" .05
However, note : Looks like that face charts' line is at .06
Lomiko is as risky as it gets. And so far have delivered nothing. Forget the charts. What have they delivered. I’ve seen them change course to promote the flavour of the year, only to blow funds and deliver nothing. Anyone remember the so called 3D printer they were supposed to build? Lol.
Selling shares is the name of the game. Until they get runs on the board to prove themselves then NOBODY should be buying. Period.
Regardless IMHO
There's actually a 3rd chart to add to that mix.....
The graphites have been going thru an awfully tough spell (as perhaps U know) ?
Iand yet, it MAY simply be that ones' timing is.......CRUCIAL !?
Having said that,
I can only hope that my charts have not lead some astray....
Wow......That was their very high (that day) !
Wait.....NOW I remember what was happening back then !
A high of .135 back then.....* Middle of January !......Right before its' .17 cent spike high
Lomiko is a lifestyle company for the board. They have done nothing in the 7 plus years I have followed them. Zip. Nada.
Kicking the tires here again
nobody seems to notice this one
futr
Sick joke there.
Doesn't take a chemistry or physics expert to tell you, the batteries are CARBON BOMBS, bury a used one of those, and its 10,000X the carbon toxic waste of 2000 car emissions annually. Yeah, go look that fact up.
Even Elon Musk's recycling process for the Lithium+ batteries, graphite and call, put out 500X more carbon emission/waste fumes that the same amount of cars annually, and Musk's company admits it too.
There is NO carbon footprint emission cut with electric cars. It's just dispensed in a different way. Carbon in the air, or a much faster excess-carbon poisoning in the ground. Facts are Facts.
Anyone lying about it on this board won't help at all.
Replay Emerging Growth Conference 13:
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Who do you want to see on the next Conference?
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Or call the number on:
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$LMRMF $LMR CEO Live on the Emerging Growth / Investors Hub Conference in 30 minutes
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Other Companies Presenting:
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Presenting Now
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Lomiko Metals $LMRMF $LMR Presenting Live on the Emerging Growth Conference on August 4, 2021
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Lomiko is proving to be rather aggressive and ambitious in the battery metals space-
futr
$LMRMF ~ New #PR ~ CEO, Paul Gill Presenting on the Emerging Growth Conference this Wednesday, May 26th - Register here: https://theotcexchange.com/news/?news=lmrmf
Also check out their Latest #Interview on Stock Day! https://stockdaymedia.com/lomiko-metals-inc-discusses-progress-of-la-loutre-graphite-project-and-bourier-lithium-project-with-the-stock-day-podcast-lmrmf/
Check out #LMRMF Latest #Interview ~ Discusses La Loutre Graphite & Bourier Lithium Project https://stockdaymedia.com/lomiko-metals-inc-discusses-progress-of-la-loutre-graphite-project-and-bourier-lithium-project-with-the-stock-day-podcast-lmrmf/
$LMRMF ~ #PR & #Interview ~ Discusses Progress of La Loutre Graphite Project and Bourier Lithium Project ~ #LMRMF https://stockdaymedia.com/lomiko-metals-inc-discusses-progress-of-la-loutre-graphite-project-and-bourier-lithium-project-with-the-stock-day-podcast-lmrmf/ ;
MUST-READ Lomiko Metals $LMR.V $LMRMF completed its 100% acquisition of the La Loutre Flake Graphite project
Read more: Lomiko completes is 100% acquisition of La Loutre - $ 1.125 million bet on this property!
Electric vehicles will be key to cutting carbon emissions and fighting climate change.
Read more: https://techcrunch.com/
$LMR $LMRMF Lomiko Metals APPOINTS GREGG JENSEN TO THE #LOMIKO BOARD OF DIRECTORS & TO THE TECHNICAL SAFETY & SUSTAINABILITY
COMMITTEE
Lomiko Metals is pleased to report that Mr. Gregg Jensen has accepted an appointment to the Lomiko Board of Directors and to the Lomiko Technical, Safety and Sustainability Committee (“LTSSC”).
Mr. Jensen has over 25 years of experience in Finance and Business management spanning several industries from technology, mining, engineering, to professional services. Mr. Jensen is currently Managing Director of Mavericus Ventures Corp. a private merchant bank investing in early-stage private and public companies. He has also served on several public and private boards and has held several executive roles. Mr. Jensen has led several companies through multiple capital raises, several M&A and joint venture transactions as well as consulting in turning around struggling companies.
Read More: Green Economy and Electric Car Revolution
$LMR $LMRMF Lomiko Metals Diving Into CEO Paul Gill Previous Success
#ElectricVehicle Revolution is Here!
$LMR $LMRMF Lomiko Metals Welcomes Mike Petrina as Project Manager
Read More: globenewswire.com/news-release/2020/12/09/2142187/0/en/LOMIKO-APPOINTS-MIKE-PETRINA-P-ENG-MBA-AS-LA-LOUTRE-PROJECT-MANAGER-AND-TO-THE-BOARD-OF-DIRECTORS
$LMR $LMRMF Lomiko Metals #Mines and Money Well attended a seminar on #CriticalMinerals
$LMR $LMRMF Lomiko Metals #Graphite @DBG just had a #cobalt discovery
Deal. I'll trade ya DD for charts :) Hmm Palladium...sounds familiar...I'm on it.
Gotcha. I see part of the confusion. At the time I wrote that the share price was .035-.04 I believe. The share price is now trading over the offering price of .05 which actually makes the offering more attractive for a potential buyer.
The shares that are currently trading don't belong to the company. The company already got the cash benefit when the shares were originally issued so the company doesn't directly benefit when share prices rise.
They need to sell additional shares outside of the trading market through an offering to raise cash. The shares they are offering aren't coming from the pool of shares that are being traded right now but they will be added to that pool which will dilute current shareholders. They need to provide an incentive for someone to pay them cash for the shares directly from them vs. buying shares from the market. The higher the trading price goes, the more attractive their offering is to a potential shareholder because the buyer will get each share at a cheaper price plus a warrant (future share they can sell once share price rises over .10).
The share price closed at .066 CAD, so a hedge fund manager would tell his client that he can give him x number of shares at .05 vs .066 on the open market plus they get another share that they can sell whenever the share price goes over .10.
So the new shareholders get a better deal on shares, the company gets the cash they need, and current shareholders own a lesser portion of the pie because there are more shares to go around.
Thanks for that info (altho I still don't quite get it).....
It's already trading at .05 cents (Canadian) and yet you wrote :
For .05 you get one unit which equals one share that you can hold or sell now plus one warrant (a second share) that you can exercise (becomes a share that you can sell) when the share price hits .10. The warrant (second share) is the incentive to pay the premium over the current trading price for one share.
Anyways,
Hey let's look into these guys here :
I'll do "the chartwork" and you do the dd .....he-he
Maybe might wanna start here (I dunno)
https://www.palladiumoneinc.com/news/2020/palladium-one-major-discovery-increases-kaukua-south-mineralized-strike-length-six-fold-from-600-m-to-4-km
Or here : https://investors.palladiumoneinc.com/sprott-backed-palladium/?&utm_campaign=desktoplead&utm_source=google&utm_medium=display&utm_content=sprottintent_r1&gclid=EAIaIQobChMI77ukof-l7AIVkhL5AB0wjAqXEAEYASAAEgINhfD_BwE
Old chart (10 months ago)
For .05 you get one unit which equals one share that you can hold or sell now plus one warrant (a second share) that you can exercise (becomes a share that you can sell) when the share price hits .10. The warrant (second share) is the incentive to pay the premium over the current trading price for one share.
The offering statement said they expect it to close 10/30/20 which sounds like it could remain open until they sell all 14 million units. They will probably sell these units to fund managers outside of regular trading.
The float will be diluted by 14 million shares now and another 14 million shares at prices over .10.
Thanks for your DD....Wo - That's $700,000 dollars !
'Fraid I don't understand the warrant converting at .10 part....
How does that work again ?
Also - I THINK the stock only saw 3 trades today - Certainly less than 10
Offering in place through 10/30/20:
https://www.lomiko.com/wp-content/uploads/2020/10/LMR-September-29-2020-News.pdf
14 million units at .05 consisting of one share and one warrant that converts at .10
This chart is so ready. Need news to push it. Accumulation is increasing and new highs are coming.
News out! Expecting big things https://www.otcmarkets.com/stock/LMRMF/news/Lomiko-Metals-to-Present-at-the-LD-500-Virtual-Conference?id=271249
Continuation toward 045 staying steady
Lomiko Metals Up Market Research
Read more Hot Stock Alert Lomiko Metals
I agree!!!
#Graphene #ElectricCars #Tesla #Graphite #Lithium #Green #3D #Daytrade #Profit #EmergingGrowth #HighRiskHighReturns
EVs are gonna be the new Norm within a few years.
The times are changing & there are new demands for electric vehicles
Read more LomikoMetals preparing a maiden resource estimate on the Refractory zone