Frontier Lithium Inc V.FL

options

[ridethewinners]

As much as Trevor Walker does not want to seem promotional, they are most generous to themselves as they issue new options to directors. I agree with fair compensation, but this is getting a bit userous. They seem to think good drill results are a consequence of their efforts. The ore is in the ground, they did not put it there.  When you consider how many options have been issued and divide that by how many drill holes have been completed, investors are paying a steep porice for this. Very scant details on mining permits, road progress, a winter drill program?, but pretty damned efficient issuiing themselves more stock. 
This is not outrageous considering somne junior miners I have seen, but Walker had prided himself on not stooping to the vagaries of the junior market. The ore body is a gem, but I have not yet seen management add value to it. Last year was the smallest drill program I have ever seen, and no details yet on this year. As well as the stock has done, consider the price moves on Lithium itself. A rising tide lifts all boats. I hold the stock, but I like it a bit less given the greed factors we are seeing.

[clutchbeyers]

I think an update on the roads and winter drilling schedule plans would be great transparency for it helps those looking to hold Frontier for the long-term all the way through to the production phase of this stock. But that wouldn't apply to you since you have previously stated you plan to get out of this explorative stock before it even gets close to the production phase.  Audit trail

[ridethewinners]

You are very accurate in your post. I think the mine will be built, likely starting 2 to 3 years from now, with the first ore mined 3 to 4 years out, and I will be gone before that.  They need a lot more exploration done before a "build" deciaion can be made, bankers, potential bond holders and governments willing to help with the costs need a lot more confirmation than FL has yet