FL Deliver the GoodsJust going to say this once (too many projects on the plate) and then see what FL accomplishes over the next couple months.
Deliver the Goods?? What year 2030??? Should have already had some degree of Lithium compound production by now or be very close to it. Clearly, things were on the fast track & then the slow-down/stall at Frontier Lithium.
I think listening to the wrong heads.
And please don't give me that non-sense about Lithium is different, not like copper, nickel, gold mining & production, etc, etc, etc......
You just do it, know the right people who are capable and
get it done!!!!
Actually, Raff's comment a few weeks ago prior to the rather large FL share price drop got me thinking further about the FL market stall/slow-down as Raff's comment was along the same lines. And it was already happening before the March Russian Invasion, the known inflationary data, the Goldman Lithium Report, etc.
Typically, the market on a Company's stock never lies. It appears FL has reverted back into the mode of activity where there is the highest degree of comfort level over the past 5 to 10 years, i.e. Drilling, an area of activity where it has been clearly described on this forum that the parent share owners of Frontier have had a high degree of success, i.e. drilling & blasting & construction.
It's always good to drill to expand the Lithium resource on "multiple" deposits/mines (that's obvious, it has to be done), however, at some point, the Big Boy Pants must go on, if FL's true intention is to grow the Company & share price to the likes of Lithium Americas, Piedmont Lithium, etc, which entails, of course, continuing with drilling and Concurrently get into the "Operational" mode of thinking with specific "Concentrate Plant" & "Chemical Plant" milestone Guidelines, target achievement dates, etc...
That's what the Big Boy Pants Investors want to see happen. And Frontier Lithium clearly has the high value Lithium resources across multiple deposits & mines to be every bit the likes of LAC or Piedmont Lithium (PLL) but you have to start thinking towards steady flow "Pre-Production Operational tasks, objectives and guidance dates or will never get to Lithium production before next decade.
As Raff commented,
We love to drill !
"I saw the company timeline in regards to production.....we're talking 2027 oufff!
After the phase 11 drilling results can we make decisions based on that ? Or more drilling is to take place ?
For the past year the only thing we're talking about in abundance is drilling, drilling, and how great we are...bla bla bla!
I want more decision making in regards:
- Feasability study
- Financing
- in take agreements
- Size of the plant
Cheers....."