PMET Triple 777's - Moving Forward AmbitiouslyClosing up $1.20 in Monday's trading session to close at "triple 777" $7.77 and moving towards $1 Billion market capitalization. Moving swiftly from about $10-million market cap not all that long ago (relatively speaking).
PMET far different share price dynamics than Frontier's 1 penny price movements either way, mostly down-trend. It appears FL investors are tiring of the management promises of news flow or news flow that doesn't create any momentum and guidance that this long drawn out Lithium development is moving towards an ultimate fruition.
The persistent comment from FL during the Battery Metals Conference was, "we are so excited.............."
FL management may be excited, however, not sure if FL investors still share that degree of excitement. Maybe that is managements' excitement for 2040 Lithium production.
PMET should be able to raise nice capital amounts with minimal dilution to aggressively advance towards production operations with Lakefield Research metallurgy well underway with high Lithium recoveries..
Maybe LostChannel and others trimmed some FL position during 2022 to participate in PMET's Lithium rise to the Lithosphere.
PMET looks like an imminent buy-out long before FL, thus, FL management probably need not be concerned any longer about losing control of the Company.