Frontier Lithium Inc LITOF

20MM$ PAK Project to Advance

[RAFFL007]

Cash on hand as of July 22MM$ - According to PFS 20MM$ is needed to move forward - Cash will be needed soon ?

To advance the PAK Project towards the next stage of Engineering, a two-phase budget is proposed.

Phase 1, estimated at $8.75M, involves additional diamond drilling, bulk sampling, geotechnical/ hydrogeological, mineral processing test work and continued environmental and community liaison.

Phase 2, estimated at $11.6M, includes additional mine optimization, geotechnical/ hydrogeological, mineral processing test work, continued environmental and community liaison and the feasibility study.


What is the next steps? Partnership is a must so that FL moves toward construction......cash will be key!

[Margin321]

"What are the next steps? Partnership is a must so that FL moves toward construction......cash will be key!" I learned a long time ago that the two most important factors for determining which preproduction resource companies will advance are: 1. The size and quality of the resource. (that also includes the local governance and the infrastructure). 2. Ready access to capital. As for

[RAFFL007]

Margin you are right on......no access to capital means buyout! At the moment FL management are not in that mind frame....