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Frontier Lithium Inc V.FL

Alternate Symbol(s):  LITOF

"Frontier Lithium Inc is a Canada-based mining exploration company engaged in acquisition, exploration, and development of mining properties. It focuses on elements like lithium, tantalum, rubidium, and cesium by exploring for lithium, cesium and tantalum classified pegmatites. Geographically it operates in one segment, Canada. Its main project is the PAK lithium project."


TSXV:FL - Post by User

Post by lithomonon Oct 20, 2022 1:28am
440 Views
Post# 35035463

Goldman & Royal Bank Funding FL's Lithium Mines

Goldman & Royal Bank Funding FL's Lithium MinesAt $34.50 per pound "spot" Lithium Carbonate (China price), if FL can swiftly get to production, the revenue and profit will be huge and FL's "share buy-back" program can realign the share structure of any earlier financings that were done at lower prices down here at the low $2's.

That is, if FL doesn't get bought out, down here at these sub level share prices by the likes of Piedmont Lithium, Lithium Americas, etc, with substantial market capitalization to grow by acquisition.

Having the 2nd largest investment bank in the world (by revenue) and Canada's largest bank (by market capitalization) aligning themselves with Frontier Lithium's pre-construction high grade Lithium mines probably sends a message of project strength going forward.
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