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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

Post by Margin321on Nov 06, 2022 1:33pm
257 Views
Post# 35077367

Good discussion mostly

Good discussion mostlyI can appreciate why FL might want to up their game in all aspects of marketing and communicating as a public company.

But I do not necessarily agree that they are in no rush to get it going.  As per this following post and others.

"A great asset, but they are in no rush to get it going, there are better near term opportunities that give investors liquidity, and that is not what stock market players want."

They are in a rush to get it going. The just changed their strategy to push ahead with production of spudomene concentrate over chemical grade lithium hydroxide, based on changing economics.

However they are a tiny microcap that even after a $20 million financing is resource rich and capital poor.

The have neither the bandwith nor the capital to negotiate with 20 different jurisdictions and bring power and transporation to their project site.  But that is happening on government money.

So at just the right time they will pull the trigger on some kind of partnership that will provide capital to bust ahead with a surface mining operation that will lead to production and revenues. I doubt one of the big players was willing to do that either. Though they might be more effectively wheeling and dealing with government - though maybe I doubt that too as the central government has certainly given signals they are not eager for foreign companies to be in charge.

The Walker family can  certainly can build a surface mine. They can get access to money to do that.

They can also  tell the story better especially to fincial community.   But some part of the timeline is  depends of Canada proceeding  with their stated plan to take full advantage of a generational opportunity to supply more of the materials needed (and specifically needed in North America) for the energy transition. I think that is happening as power and a road upgradeare moving  forward right to edge of FL property.




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