CanSwiss Objective Determination of FL's stall to Valuation
So Right you are CanSwiss, as you commented,
"if RW announced he was stepping down as Chairman, and TW was stepping aside for a named proper mining industry CEO. I think the share price would rip passing $2/share in no time and get to $3/share by year end"
That is probably a very conservative statement CanSwiss.
I envision $7, $8, $9 once this decision making drag on the Company's development is out of the way.
One simply has to look at the PMET valuation and Frontier should not be all that far behind.
BUT....??? The reasons for FL's share price demise/valuation have been clearly illustrated.
The approach to this North American gem Lithium development has been all wrong for several years, otherwise, at this time, Frontier would already be cutting the ribbon on its 1st completed year of Lithium production and capturing some of the best prices in Lithium's history for FL's Lithium product.
By the way, going forward, since all these highly educated individuals at Frontier Lithium with all this "supposed" experience in the mining industry and within the pertinent Ontario and Federal government departments involved in getting this much needed Lithium project off the ground up & running and since there appears to be an enormous dead weight on constructing a relatively simple bridge, if there are too many water crossings to overcome along the way to the Frontier Lithium mine site then the quickest route to the PAK Lithium mine site is likely the Pickle Lake - Windigo Lake road corridor which simply involves extending the long time existing gravel road DIRECTLY WEST of Windigo Lake about 45 miles (converted to about 70 km's for the Canadians) DIRECTLY West to the doorstep of Frontier's Lithium Complex.
How this could not have been achieved over the past 10 years is unimagineable!!!!!!!
I hesitate to even suggest this approach as I can envision Frontier band-aid this approach around for another 10 years as Frontier Lithium Directors & Management appear to be on the Year 2040 project Completion Plan.
If Power is coming through from Red Lake Ontario, that's fine. So, be it.
However, for gravel road to FL's Lithium mines, the extension of Windigo Lake gravel road directly West to Frontier's Lithium mine(s) need to be strongly considered ASAP (as the current plan of winter road/bridge upgrade has been a monumental failure, to date).