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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 Buffalo1956on Aug 17, 2022 11:01am
218 Views
Post# 34902061

RE:RE:RE:What a hit!

RE:RE:RE:What a hit!Trevor has already publicly said that just moving the lithium price up a little ( still way below current pricing ) would double the PEA net present value. Also the tons will at least double with this drill program. So very conservatively , I am expecting a $4 billion NPV when the pre feasibility is announced. Generally the stock market values PEA at 30% of NPV and values PFS at 40% of NPV . So 40% of $4 billion is $1.6 billion or about $8.00 USD ( $10 CDN ) per share by end of year. Honestly I expect it to be much , much higher. Buckle up , it's gonna be one helluva ride !!!!!!!!!!
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