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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 MimieMaumieon Jun 29, 2020 11:03am
159 Views
Post# 31202882

RE:Focus

RE:FocusLostchannel:

I agree with your assesment regarding stock price...Parenthetically, a lower price causes some dilution as more shares are issued when it comes to raising capital...Not a big deal in the long run!! As far as your comment regarding the abundance of lithium is concerned, commercially viable lithium from a mining perspective is not!!
It all comes down to where, purity and amount. One last comment: Iron content is major issue with many lithium mines... Very few have the low iron and purity that FL displays...High iron content is a big issue for many lithium mines as it needs to be removed which a is a very costly process thereby eliminating many projects from a viabilty standpoint...
Bullboard Posts