Fuel for Frontier Lithium RocketIt appears the rev up for Frontier is likely sooner than later as China is starting to open up following a strict extensive Covid lockdown.
In fact, Lithium prices already beginning to respond, currently trading around $US 31.50 per pound for Lithium Carbonate, not all that far from historic prices reached this year around $35 or $36 per pound.
Lithium America's advancing higher over the past week.
Funds raised to resume Lithium production operations at North American Lithium in Quebec in Q1 2023 where Piedmont Lithium has part ownership.
European Union moving forward with ban on Russian oil & energy.
Lithium powered transportation is one of the likely solutions to Europe's energy challenge.
Geopolitical macro events such as Russian massacre into Europe jolted the market as Frontier was likely advancing towards the $7.70 Rodney Hooper price target.
With Ukraine now receiving longer range equipment to defend its people from the "illegal" Russian invasion, markets may respond more favorably.
The Ford "electric" F-150 truck beginning to roll out at production assembly. The lithium supply squeeze is about to get even tighter.