IKN

More matter with less art

LionGold had a bad day

Maybe what comes of sticking your head above the parapet once too often…
…and attracting the attention of people who know how to value mining companies instead of people who like to play baccarat. Still, LionGold (A78.sg) did have a working cap of ~$67.4m as at June 30th, so it’s not a totally empty vehicle. However, Minera IRL (MIRL.L) (IRL.to) will probably be keen on that deal being a cash offer, new low share price or not.

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