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Frontier Lithium Inc V.FL

Alternate Symbol(s):  LITOF

Frontier Lithium Inc. is engaged in the acquisition, exploration and development of lithium mineral properties in Ontario, Canada. The Company is engaged in a pre-production business with a focus to be a strategic and integrated domestic supplier of spodumene concentrates for industrial users as well as battery-grade lithium hydroxide and other chemicals to the electric vehicle and energy storage markets in North America. The Company’s flagship asset, PAK Lithium Project, located about 175 kilometers (km) north of Red Lake, Ontario in the Red Lake Mining District and encompasses close to 27,000 hectares (ha). It also has two other spodumene-bearing discoveries, such as the Bolt pegmatite, which is located between the PAK and Spark deposits, as well as the Pennock pegmatite, located 25 km northwest of the PAK deposit within the project claims. Its lithium products include spodumene concentrate and lithium hydroxide monohydrate.


TSXV:FL - Post by User

Bullboard Posts
Comment by Buffalo1956on Mar 27, 2017 2:18pm
305 Views
Post# 26036878

RE:RE:Technical Drilling Underway - PAK Lithium

RE:RE:Technical Drilling Underway - PAK LithiumLooks like my assumptions were too low and imply the numbers should be doubled. Someone who went to AGM said that Trevor said a very, very conservative value of our concentrate was $1000 per ton. Looked up cost of production to get raw ore to concentrate on the Pilbara website and its around  $200. So our profit per ton should be $800 not $400 as previously assumed. So a conservative NPV estimate would be $840 million or $6 per share USD ( $8 per share CDN ) and FL is trading around $.40 CDN !! Don't think I have ever seen a stock this far undervalued. Guess will have to wait till Pre feasibility study is finished to have the market recognize the true value of FL !!
Bullboard Posts