Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by RioTintoon Oct 29, 2022 1:20pm
184 Views
Post# 35057802

RE:RE:RE:Positive angle of the financing

RE:RE:RE:Positive angle of the financingVery well said barcodewhiz. I agree completely. Having decades of financial investing experience, this "Aw shucks, golly gee, what a great deposit" defence wears very thin with me......when your experience tells you we're leaving too much money on the table with these financings (and thus suffering more dilution than we should). If you take a rough cut at the implied value of the 3 year half warrant that came with the latest offering, my quick rough back of the envelope calculation indicates that the common shares in the latest offering are being acquired at approximately $2.05 to $2.07 each. Far too cheap given the value we know is there. Again, this is a rough calculation but probably not far off, if at all.
<< Previous
Bullboard Posts
Next >>