Lion One Metals – A US$37Milllion Financing Facility Secured, What Does This Mean For The Mine Build?
Quinton Hennigh, Technical Advisor at Lion One Metals (TSX.V:LIO – OTCQX:LOMLF – ASX:LLO) joins me to discuss the US$37million financing facility, announced on January 19th. The major question being if this will fund the Company through the ongoing mine build, with production forecasted for the end of 2023.
We start off by discussing if this financing facility now fully cashes up Lion One Metals for the mine build at the Tuvatu Project in Fiji. Quinton outlines the move into production, starting with small scale production. This ties into a discussion on the ongoing drill program that is a blend of infill and exploration at depth.
If you have any follow up questions for Quinton or the team at Lion One Metals please email me at Fleck@kereport.com.