Frontier Lithium Inc LITOF

Frontier compared its peers

[Mookster3]

Yes Sadie, you are correct. Even with the Mitsubishi buy-in (at 1.39/share) and announcement of funding for the road, Frontier’s resource remains highly discounted (x 3-6) compared to its peers (see below).  It’s just a matter of time! The DFS has now been underway for seven months.

May 29, 2024	FL      Pak+Spark	CRE Rose	PMET  Corvette	Liontown Kathleen
Ore deposit size (mmt)	59	26	109	156
Grade (% Li2O)	1.5	0.9	1.4	1.4
Contained Li2O (mmkg)	885	234	1526	2184
Shares out (mm)	227	218	122	2420
Price ($CDN)	$0.79	$0.88	$8.00	$1.21
Market cap $mm (CDN)	$179	$192	$976	$2928
Market cap/kg Li	0.20	0.82	0.64	1.3

[Margin321]

Yes Mookster FL lithium grade is very high.  But another factor is purity. FL has rare technical/ceramic grade spodumene with low inherent iron (below 0.1% Fe2O3). Needed for specialty glass applications. In contrast  CFR has Resource really is world class.

[Tiger131]

The purity is honestly the only reason I stick around. I think going forward regards EV/ PHEV and external battery storge the purity will be king as there is no shortage of low quality lithium and shady jurisdictions to produce it.  My biggest concern is still the IRA as it unfolds and the lack of anode and cathode production in North America. DLE concerns me as well because if that ever