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$1.36 lion one metals limited

Ann: Appendix 3B - 1 March 2017, page-82

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speckledjim1

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19/04/17

09:55

Post #: 24132879
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Originally posted by AlbyTangles ↑

@speckledjim1 @pustayo Given your experience and knowledge in the space, I'm very interested in your opinions of the latest PGO announcement. I hold a reasonable position as my largest exposure to gold, have been building it up over the course of the last year. I like the projects, the near-term mining potential, management, bulk of cash burn on exploration (not staff/admin etc), possible upside to known resources, and the current cash position. The MC$ is perhaps a bit offputting to some given they're not yet pulling gold outta the ground. Still having a hard time nailing down calculations on potential profitability of the projects.

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Hey alby I really like PGO have held last year

Has been very frustrating

Yes a large cap but they have a lot of possible ounces

In this market is hard to find buyers, but I'd be surprised if your patience isn't eventually rewarded

Cheers

LLO Price at posting: 73.5¢ Sentiment: Hold Disclosure: Not Held
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