TSX - Nasdaq ListingsGood questions about pre-production companies and moving forward with TSX Big Board and Nasdaq listings.
Another company I have is GLO Uranium and they are just moving into "Construction" and have been "Toronto" listed for awhile. And I think the stock took a decent jump shortly after that listing.
Then again, GLO does have Zinc production & revenues, albeit, smaller scale production, nonetheless, it's "Production" so possibly that's how the Company qualified for TSE listing.
FL is the type of company that will need to show some degree of production revenue, any capacity of "production" will make the cut, before the "Street" actually believes and starts accumulating the stock in any large numbers and moving the share price up accordingly.
Until that can happen, it's likely a $2 something company.
Piedmont beginning its Feasibility in Quebec this week and PLL won't collect any dust under their feet and will be building in Quebec sooner than later.
There will be a few Lithium chemical plants built in Ontario and Quebec long before FL has even constructed a Lithium mill so at the purity and grade of Lithium concentrate that Frontier can achieve, along with burgeoning "spot" Lithium price (as Spodumene now starting to be held back from China), it may even be more efficient for Frontier to strike an agreement with a newly constructed Lithium chemical plant and just transport the high purity, well over 7% Lithium Spodumene concentrate to an Ontario or Quebec Lithium chemical plant in the initial few years of Frontier's production at minesites.
That production plan shaves $500 or $600-million off the planned capital expenditure outlay and safeguards any undue share dilution or loan interest payments and Frontier still benefits greatly from Lithium Spod "production" and qualifies for listings to Senior stock exchanges and a much larger broader investor following.