Frontier Lithium Inc V.FL

Wilkinson Announcement

[Mookster3]

Canada’s first critical minerals strategy just announced today, makes several statements potentially directly impacting Frontier;
 

1. ‘Will enhance relationships with indigenous groups’
2. ‘Will speed up mining projects’
3. ‘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

[FrankCowperwood]

+ 4. "Budget 2022 proposed $1.5 billion for infrastructure development for critical mineral supply chains, with a focus on priority deposits" Original document is here  https://www.canada.ca/content/dam/nrcan-rncan/site/critical-minerals/Critical-minerals-strategyDec09.pdf