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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 Margin321on Aug 19, 2022 9:57am
171 Views
Post# 34907024

RE:RE:RE:RE:1274 Feet of High Grade Lithium & OPEN

RE:RE:RE:RE:1274 Feet of High Grade Lithium & OPEN
I like that plan. But only way someone would pay $500 million for 40% of a $400 million dollar company would be for strategic reasons, to get control of the resource.  I could see $500 million for 60% of the company as more likely. That would jump share price and further capital could be raised at a MUCH higher share price.   There certainly is a billion dollar lithium  resource between Pak, Spark and Bolt, but no one will likely pay huge price  for it without getting control of it.
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