Wilkinson AnnouncementCanada’s first critical minerals strategy just announced today, makes several statements potentially directly impacting Frontier;
- ‘Will enhance relationships with indigenous groups’
- ‘Will speed up mining projects’
- ‘Will have $1.5 billion to fund advanced projects’
My guess is this is pointing toward an indigenous 50% buy-in to the Phase I project at Pak via a loan from the $1.5 billion fund. This should give Frontier enough cash to cover their capital costs for Phase I and would still give the bigger players an opportunity to participate in Phase II.
The Mookster