Catalysts to Development & Share PriceYes Frank, you nailed it on the head. Frontier is the type of development that will experience a significant rise in market capitalization (share price) only when it is finally believable that FL is aggressively advancing to Lithium production operations.
Until that happens, investors will continue to have doubts in perpetuity that FL can actually pull it off. Investors will likely continue to have the impression that FL is a group of younger people learning along the way (with the exception of course, of the seasoned & experienced exploration boss, and it shows, now at minimum 50-million tons of high grade Lithium).
It all boils down to the expression, "you've told me what you can do, now show me what you can do"
Even 100-million tons of high grade Lithium in inventory still might not be enough to move the FL share price higher.
I have seen this sort of pattern before. But when FL does show production, the share price is really going to accelerate like Tokamak energy reactor.
On the other hand, companies like PMET experience a continual rise (dollar, two, five, seven, eight, ten dollars, etc) by just sending-in the drill rigs and getting them spinning.
Then again, PMET did recently bring-in "operations" heavys from Osisko Mining with significant experience in "permitting", environmental, etc...so it would appear that PMET is on the ambitious plan trajectory and the share price & near $Billion market cap has responded accordingly.
It's just the way it is.......It happens!!!!! At the current rate of progress, FL investors likely have to accept a $2 dollar share price in perpetuity. Yes, it's difficult to believe and understand.....it's just the way it is!!!!
As Frank commented,
"Other catalysts related to development can be triggers....."