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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

Comment by tiger2201on Jun 14, 2022 2:46pm
189 Views
Post# 34755847

RE:RE:$USD 1.9 Billion NPV Feasibility @ 27M tonnes (CRE)

RE:RE:$USD 1.9 Billion NPV Feasibility @ 27M tonnes (CRE)ALL numbers are correct, depending WHEN the study is done. CRE also provided prices from their previous study.

tiger


Buffalo1956 wrote: WOW , how can CRE assumptions be so different from FL ? They are using $4,039 for 6% technical grade and we are using $1,600 for 7.2% !!! They are using $1,852 for 5.5% chemical grade and we are using $750 for 6% . Does anyone know who's assumptions are correct ? If CRE assumptions are even close to today's pricing , we are going to get a huge upside surprise in the September pre-fease !!! If these assumptions are close then $4 billion is too low . Plus their costs have to be way higher than ours . They have a head grade of 0.87% and we have 1.46% . We also used $13,500 for lithium hydroxide and the market is much higher now . 


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