TSE Toronto Big Board (Revenue)To meet the Revenue TSX "Toronto" listing requirement, possibly Frontier has a line on a Lithium processor and FL plans to mine & send a few shipments of "DSO" High grade Lithium ores, especially at these rising All-Time high Lithium prices.
Frontier has so much high grade Lithium (widespread distribution), the forward guidance economics is almost Albemarle-like.
On the other hand, possibly FL is in the process of arranging a lump sum revenue payment with Lithium purchaser, based on future Lithium production.
For instance, another investment I hold (GLO - Global Uranium) is (partly) funding construction of the new operation complex by forward selling a portion of its "yellowcake" production.
Production is planned for 2025 and GLO has hit all the key project tasks right on schedule.
Initially, I recall GLO move from about 50 cents to $5.00 once a Toronto TSE listing was completed and has bounced around various price ranges (much like Frontier Lithium).
So, would not be surprised to see FL move to $6 or $7 price level upon TSX "Toronto" listing.
Even that price prediction could be on the conservative side.