Frontier Lithium Inc V.FL

Frontier Ford/Tesla Lithium Mine

[lithomon]

Good info and figures Raff. Interesting session with FL closing at its new year High price ($3.84).

In updating to the $2.9 Billion estimated value of Lithium & rare metal deposits in Lithium abundant Northern Ontario region, that should re-position the FL share price in the $15 price range (minimum price valuation, since shares are very tightly held).
Seems like a reasonable price expectation since Piedmont Lithium is $71US and LAC is $37.

Should be interesting who will successfully make the strategic move with FL, Ford or Tesla to secure its steady flow of Lithium compound.  

Agreed, I think it will be Bill Ford of Ford Motor Company.

Bill Ford has had discussions with President Biden about the Lithium mine supply urgency and Biden and the White House are aware of Frontier.

As Raff commented,

"....lithium price is around 40 000$ USD......so in regards to last years results we should have an estimated value of 2.9B$"

[Buffalo1956]

If the final decision is a plant 2X the current size in the PEA ( we only need 60 million tons proven to do this ) then that would produce about 50,000 tons of lithium hydroxide and if you conservatively use $25,000 per ton , then the revenue would be $1.25 billion.. Using  a cost of $5000 per ton , the gross profit would be $1billion . The government would get $350 million and we would be

[Raff007]

Valuation seems right! Poven lithium will not be 60 million tons.....but more aroune 100 to 150 million tons......I luv ur numbers!