Frontier Lithium Inc V.FL

CRE way ahead on engineering and permitting

[Margin321]

They have similar low iron lithium resource and better infrastructure. But they have smaller resource, and they do not have Mitsubishi partnership.   If they  manage to form a similar partnership that offers hope of ready access to capital, it is likely they will have jump in share price.  But you can't buy all the lithium projects, and the  size and purity of resource, the Mitsubishi partnership, and Rick Walker involvement with expertise in open pit mining - makes FL the one that  I want to be in.

[Buffalo1956]

Critical elements grade is 0.87%. They are using $4699 revenue for 6.16% technical grade concentrate ( should be 7.2%) and $2162 for 5.56% chemical grade concentrate ( should be 6.0%) in their feasibility report . These numbers are about double what the market value should be in any report  ( government should crack down on these misleading practices) . These numbers are why they will NEVER

[RioTinto]

Buffalo1956..   glad you're on the Board. Happy 68th...  hope I'm early on that. 

[Margin321]

Buffalo you make good points. If CRE had the Mitsubishi deal they could be producer with revenue very soon and shares would be flying. That deal is why I own FL and not CRE. The next tranche of Mitsubishi investment will not be determined by the depressed share price, but by the NPV of the Pak project from the DFS. Mitsubishi is also committed to assist beyond that with financing. And FL has Rick