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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 sfct1978on Oct 20, 2022 1:53pm
153 Views
Post# 35036929

RE:RE:RE:RE:On going dilution

RE:RE:RE:RE:On going dilutionIn a few months I fully expect the share price to be higher due to (hopefully) increasing the size of the resource from all of the drilling and updating the price per ton used in the previous NPV.  So if this deal had waited a few more months we could have gotten the $20 million for a lot less shares, meaning current shareholders would not have lost as much, there would be less outstanding share count. Not much to do but keep waiting. Hopefully allowing GS to buy in will get us alot of exposure sooner. Kinda like we paid for promotion in a way. 
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