Margin - Methodical - 3.1% Lithium - New Discovery Zone Margin, that is precisely my point, through and through. You nailed it on the head.
I doubt that "methodical" was the chosen word of Frontier's VP Geology/Exploration.
It is likely, that word was substituted-in afterwards.
As you are well aware, in this business, with high grade Lithium ore deposits of this significance, "methodical" gets the Company bought out, and I am almost certain that not many on this Bullboard forum want to see that happen at this share price, however, given "methodical movement", that is precisely what is going to happen, and likely sooner than later.
Both Lithium Americas (LAC) & PMET ($2-Billion) have the market capitalization to do some interesting transactions to acquire high grade Ready-To-Mine Lithium assets.
And, as of today, LAC now has the funding of General Motors to get much bigger, and quickly.
For example, a highlight of LAC's news today with General Motors is the following,
2023-01-31 - News Release
LITHIUM AMERICAS PROVIDES GENERAL MOTORS TRANSACTION DETAILS AND UPDATE ON CONSTRUCTION PLAN FOR THACKER PASS
Further details on the transaction are reported in a joint release issued today by the company and General Motors. All figures presented are in U.S. dollars.
Transaction highlights:
- The largest-ever investment by an automaker to produce battery raw materials, with General Motors to become Lithium Americas' largest shareholder