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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

Post by lithomonon Oct 29, 2021 4:37am
321 Views
Post# 34061964

Building Lithium Processing Plant

Building Lithium Processing Plant "...............building a commercial Lithium processing plant in North America"

Right on Marshall. 

As well, on Frontier's road to building that Lithium processing plant it's likely that Frontier's share price could follow a similar trajectory as Lithium America's share price which closed up $1.75 in Thursday's market session to $34.34, an increase of approximately $1 Billion in market capitalization over the past few weeks since J P Morgan initiated coverage of Lithium America's. 
LAC is currently well into construction and ideally positioned to significantly benefit from the expanding Lithium price in a burgeoning EV market and infrastructure development process (i.e. Ford, GM, Tesla battery plant build announcements, etc and all the nuts and bolts companies of the EV infrastructure build-out).

It's likely that current investors into Frontier Lithium at this bargain price level are banking on a steady price increase over time as Frontier begins to announce its key developments leading up to that construction phase and procurement of major capital equipment, etc.
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