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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

Comment by YCBASMGon Mar 01, 2023 2:02pm
133 Views
Post# 35313068

RE:RE:RE:Upcoming PEA!

RE:RE:RE:Upcoming PEA!When the PEA was released (April 5, 2021) shares were trading at about an 85% discount to the per share NPV value.  Per share NPV was $5.67 while the shares were trading at $0.90/share.  If we apply that discount to a $5 billion NPV using current share count (213.1 million) you get an implied value for a share of $3.49.  However, I would think that as the project gets further along the discount should shrink.  If FL started trading at 20% of the after-tax NPV then the shares would trade at $4.40.  As a result, I think the shares should be trading at $3.49 when the PFS is released in the next few months.
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