Tobin Smith: Lomiko Metals Post-PEA Target .28 + Last Call For NDAU
First off–here is the first mining research report out on Lomiko Metals with a post PEA target of 28 cents (US Dollars).
28 cents US sure makes 10 cents look attractive.
The next “inning” as we have described is the full-blown Feasibility study out in Fall 2022–which we assume will ADD another 10-15 cents in value and bring $100-200M in mine construction capital via “offtake agreements” where big graphite processors/buyers pre-pay for high-grade Lomiko graphite (i.e., they are paid back in graphite at a fixed per ton price formula) and long term debt secured by graphite reserves.
Action to Take: LMRMF is a LONG term hold (unless they get a buyout offer).
Put some away now .10-.12 and don’t look at it–the upgrade and research reporting cycle will now start.
https://transformityresearch.com/
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