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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 DoggerJTon Mar 01, 2023 5:10pm
160 Views
Post# 35313606

RE:RE:Upcoming PEA!

RE:RE:Upcoming PEA!Now I'm curious... are the calculations for PEA, PFS, and DFS different?

I'm wondering because I can't see anyone using $13,500 USD per tonne for LiOH given the market trend... I had kind of expected a double on that piece but would like to hear why that wouldn't be considered. How about $20,000 USD per tonne, meaning an increase of only 48%

Add to that the fact that the tonnage used for the 2021 PEA was around 24 tonnes, while we're now considering about 58 tonnes, an increase of 140% or so.

Given those two things, I expected the PFS to work out to around 3.46 billion USD... 974mm * 1.48 * 2.40.

I understand that we're looking at a staged approach that may introduce additional costs but I suspect they're not doing that in order to reduce the NPV. Not a lot of sense in that.

I am open to comments on the math... the more the merrier.
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