Last week, on the morning of Wednesday, August 27th, at 11:30AMEST – NIA announced Lomiko (TSXV: LMR) at $0.07 per share as its latest brand new stock suggestion. NIA predicted that LMR would rise 50%-100% within 3-4 trading days. During Friday’s afternoon trading hours, NIA’s prediction came true! LMR reached a high Friday afternoon of $0.105 per share for a gain of 50% in 3 trading days! Yesterday, right after the market’s open, LMR reached a high of $0.11 for a gain of 57.1% in 4 trading days (we didn’t consider yesterd ay a 5th trading day because $0.11 was reached within seconds of the market’s open).
During the four trading days following NIA’s LMR suggestion, LMR traded total volume of 13.74 million shares – for average daily volume of 3.44 million shares. During the four trading days prior to NIA’s LMR suggestion, LMR traded total volume of 2.01 million shares – for average daily volume of 0.503 million shares. LMR‘s total four-day volume increased by a stunning 583.3%!
LMR hitting $0.11 yesterday triggered some healthy profit taking, with LMR finishing down $0.01 or 9.5% to $0.095 per share. Incredibly, LMR‘s Graphene (TSXV: GGG) finished yesterday up $0.14 or 6.7% to $2.23 per share – and at one point in the early afternoon, GGG was up as much as $0.47 or 22.5% to a new 52-week high of $2.56 per share!
At GGG‘s closing price yesterday of $2.23 per share, LMR‘s 4.4 million GGG shares are now worth $9.81 million (LMR invested only $0.54 million) – with LMR earning a total return of 1,713%! LMR has $4.86 million in cash and no debt. With 136.55 million shares outstanding, LMR‘s 11.23% stake in GGG is currently worth $0.072 per share and LMR has $0.036 per share in cash. This means LMR is worth $0.108 per share or 14% above yesterday’s close of $0.095, just from its GGG stake and cash. Including LMR‘s main asset, the Quatre Milles Flake Graphite Property in Quebec, NIA expects LMR to rapidly rise to $0.145-$0.18 per share.
Prior to GGG going public in August, LMR over the previous 18 months had averaged an enterprise value of $5 million, which is equal to the value investors were giving LMR for its high quality Quatre Milles Flake Graphite Property in Quebec, the world’s only flake graphite project that is successfully producing natural flake graphite being actively converted to graphene. LMR is the exclusive supplier of flake graphite to GGG, with GGG then converting LMR’s flake graphite to graphene – and using it to produce graphene nanoplatelets. GGG‘s CEO recently said, “We rely on high quality graphite from Lomiko’s Quatr e Milles Property as the base material for producing graphene nanoplatelets, due to their cost and consistency in quality.”
If as assume that LMR‘s Quatre Milles Flake Graphite Property still deserves a minimum near-term valuation of $5 million, with a possible maximum near-term valuation of $10 million in the event of bullish news from LMR about positive drill results – just LMR‘s Quatre Milles project alone is worth $0.037-$0.073 per share. Add this to GGG‘s net cash position of $4.86 million or $0.036 per share plus LMR‘s 4.4 million GGG shares currently worth $9.812 million or $0.072 per share – and LMR deserves to rapidly rise to $0.145-$0.18 per share.
Past performance is not an indicator of future returns. NIA is not an investment advisor and is not making any target prices or financial projections. Never invest based on anything NIA says. Always do your own research and make your own investment decisions. NIA never recommends to buy or sell any stock.
This message is not a solicitation or recommendation to buy, sell, or hold securities. Never make investment decisions based on anything NIA says. This message is meant for informational and educational purposes only and does not provide investment advice.