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Frontier Lithium Inc LITOF


Primary Symbol: V.FL

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 May 27, 2023 2:01pm
168 Views
Post# 35467262

RE:RE:FL's Stock price Lowest since July 2022?

RE:RE:FL's Stock price Lowest since July 2022?One of the real benefits of some euphoria building into the share price is that modest secondary placings can raise huge dollars for growth. If the share price never moves then huge numbers of new shares raise modest funds.  PLL really benefitted from the huge bump in share price after the announcement of the deal with Tesla.  They were able to sell a million new shares at $50 when they needed money, rather than 10 million  new shares at $5.  That is a lot better for long term shareholders. 
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