Frontier’s resource remains highly discounted Even after the recent share price increase, Frontier’s resource is still discounted (x3) compared to its peers (see below). Also, the impending MIT buy-in may explain Frontier’s reluctance to drill off the Spark northwest extension last year, not wanting to rock the boat before the deal was finalized.
| | FL Pak+Spark | CRE Rose | PMET Corvette | Liontown Kathleen |
| Ore deposit size (mmt) | 59 | 26 | 109 | 156 |
| Grade (% Li2O) | 1.5 | 0.9 | 1.4 | 1.4 |
| Contained Li (mmkg) | 885 | 234 | 1526 | 2184 |
| Shares out (mm) | 227 | 218 | 122 | 2420 |
| Price ($CDN) | $0.73 | $0.64 | $8.70 | $1.16 |
| Market cap $mm (CDN) | $166 | $140 | $1061 | $2807 |
| Market cap/kg Li | 0.19 | 0.60 | 0.70 | 1.3 |