A Few Months of Shorting Time RemainsNO doubt, with the Mitsubishi Lithium "partnership" news, under normal circumstances, FL's share price would be $5 or $6 and possibly even higher at this time.
At 80 cents, it is a clear message investors still do not have the confidence the "current" Frontier executive and leadership group can actually get these high grade Lithium discoveries into production.
We have all experienced junior development companies where investors buy-in based on the mgt & leadership proven mining production accomplishments and proven ability to drive any new project to the finish line and share price ramps up quickly even before the project fundamentals are in place.
That is, as a company assembles and adds the right experience with proven accomplishments to the leadership group, share price typically rises accordingly.
That never happened with Frontier.
In fact, the FL share price trend progressively went in the opposite direction as new mouths to feed were added to the group.
Frontier Lithium is clearly experiencing this opposite share price movement in this ready-to-mine/process high grade lithium development situation.
The project fundamentals of moving to production have been known for years.
The share price "hold up" appears to exist with the mgt and leadership group, even with Mitsubishi now at Frontier's backs.
Clearly, this share price trend is usually unheard of. Investors still too timid to buy-in and trust this mgt group can get it done.
Hence, the "shorting" opportunity marches on.