Post by
lithomon on Mar 24, 2023 12:38am
Capitulation - RidetheWinners, Canada's Largest Lithium Find
As RTW commented,
"They need to listen to the experience that they have".
And share price would have soared well past the PMET highs and the big infrastructure development money would have been available on very minimal dilution during the decade period of high money liquidity within the financial institution system (now going in the other direction of tight liquidity).
So, that is the situation of the multi-year "Hold up" at FL to having infrastructure development completed & Frontier would already be in Lithium production to seize the record high Lithium prices that are now going in the other direction.
Instead, FL is still talking about a bridge and a road & talking about completing the pre-feasibility engineering study that should have been done in a year or two at most and now into year, what, 3 or 4.
Only time will tell if the day-to-day routine can be corrected/re-directed.
Then CanSwiss probably has the right timeline for FL lift off in a year, unless some entity steps-in to acquire this rare world class Lithium find.
On a brighter note, who would have ever imagined that there would be another opportunity to buy Frontier Lithium in the $1's with a 60-Million plus tonne Lithium inventory of high grade Lithium ore and clear runway to 100-Million tonnes and already declared by Canaccord's Katie Lachapelle as Canada's largest Lithium discovery and still drilling & finding & wide open everywhere.
It just needs the "right" push of experience to build out the infrastructure and get constructing and get producing Lithium compound.