1. Limited exploration and production activities: Compared to its peers, Loncor Gold Inc has limited exploration and production activities, which may limit its ability to generate revenue and grow its business.

2. Dependence on a single project: The company's operations are primarily focused on the Imbo Project in the Democratic Republic of Congo, which makes it vulnerable to any political or economic instability in the region.

3. Lack of diversification: Loncor Gold Inc has a limited portfolio of assets, which makes it less diversified compared to its peers. This may increase its exposure to market risks and limit its ability to adapt to changing market conditions.

4. Limited financial resources: The company has limited financial resources, which may limit its ability to fund exploration and development activities, as well as to compete with larger and better-funded peers.

5. High operating costs: Loncor Gold Inc's operating costs are relatively high compared to its peers, which may limit its profitability and ability to generate returns for its shareholders.

6. Limited track record: The company has a limited track record of successful exploration and production activities, which may make it less attractive to investors and limit its ability to raise capital.