HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: OT: New Agoracom Hub : Lion One Metals
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Hi all,

just a short note to advise that I have just started a new hub Lion One Metals Ltd (http://agoracom.com/ir/LionOneMetals ). They have a high-grade gold deposit in Fiji. Although the resource is small in size there is a lot of upside exploration potential. Their recent PEA (5/31/2015) was quite robust (AFTER-Tax IRR of 53% using a base case gold price of $1200 US/ oz) with CAPEX expectected to be under $50 million. Project is fully permitted. Decently tight share structure (<65 million ) and management has a lot of skin in the game (~33% insider ownership) . Deep board in terms of prior mine development experience. ~ $5million in the kitty.

Disclosure: I only recently took a position in the comapny at ~$0.50.

I will not be posting about this company on this hub again.

Cheers,

Luker

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