Post by
lithomon on Mar 11, 2024 4:28pm
A Few Months of Shorting Time Remains
NO 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.
Comment by
Larder111 on Mar 11, 2024 7:33pm
Come on really ! You know as well as others that it's not managment .Have you ever heard of other juniors striking a deal like this one with a major automotive manufacturer. Naysayers are just trying to get in at a better price and will sprend nonsense. This is market manipulation cross trading.
Comment by
sfct1978 on Mar 11, 2024 8:29pm
IMO it's lithium prices in the crapper and no all season road holding the share price down...the deal Management made with Mitsubishi is a fantastic deal for shareholders. When/if we get a government announcement they are funding the majority of the bridge and road, I believe the FL share price will jump and be valued at higher ratios versus the peer group.
Comment by
Larder111 on Mar 12, 2024 8:49am
Well said Raff.Good info for the newbies. Thanks!! This is most definitely a diamond in the ruff.....
Comment by
RAFFL007 on Mar 12, 2024 9:44am
25$ MM$ for the Mistsubishi deal and 13MM$ on hand in regards to the last financial interims as of Dec 31, 2023....so 38 MM $......not too bad...
Comment by
hobbit on Mar 12, 2024 1:45pm
Does anyone here really believe Mitsubishi did not conduct their DD about the Berens Bridge. I am positive they have gotten assurances from the provincial government before they invested this 25 million dollars.News coming soon I hope.The timing about this deal seems very encouraging.