Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Dec 27, 2022 8:19am
257 Views
Post# 35192240

RE:RE:RE:Margin, Rio Tinto Takeover, High Purity Lithium,NominalCosts

RE:RE:RE:Margin, Rio Tinto Takeover, High Purity Lithium,NominalCostsFL is pretty well protected because family owns 25% of shares and some other owners are connected to family. 

The annual meeting shareholders vote mrrans very little. There is almost always high number of shred that vote with all proposals.

In the end the family will do JV or sell if it is in the best interest of themselves, the other shareholder orders, and the country. Their strong and repeatedly stated inclination is to develop it as a locally owned and run Canadian company. But there will have to be some help to getting the billion dollars in investment capital that will be needed. Getting to step of selling spudomene concentrate may only cost 500-700 million. At that point they would have growing revenues and a higher share price and better access to equity  financing at more favorable price point. 
<< Previous
Bullboard Posts
Next >>