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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 Nov 08, 2022 3:59pm
201 Views
Post# 35083242

RE:“Lithium champion” - Great article!

RE:“Lithium champion” - Great article!I can't believe that in the second to last paragraph Trevor is quoted saying " We're really about a quarter of the in-situ resource values." Which means the unprocessed, in the ground value of the ore is 4X the current stock price. In other words FL could liquidate the property tomorrow for 4 times the current stock price. I know that 40 million tons of ore X $50 per ton of ore in-situ or about $2 billion ( $8 per share ) is the liquidated value of Frontier , just can't believe Trevor is quoted saying that . I guess he is finally coming out of his ultra conservative shell and making bold ( but accurate ) comments .
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