Frontier Lithium Inc LITOF

Are we vulnerable?

[ridethewinners]

Yes. The real question is "are we desireable?". 
Management has been diluted to well below 20%, and has not chosen to add to their position, maintain their pro rata holdings, or show any support at all. No insider buying, no quarterly meetings with their partners (us), and no consistent, competent IR. 
If any other Lithium player offered close to $1 per share they would buy out the float easily. We all dream of the huge win, but the reality here is management has no idea who the shareholder base now is. The institutional players are long gone and unlikely to return  with no liquidity and a past management history of not hitting deadlines and making slow progress. Yes, things are getting done, but at a far slower rate than we were led to believe. 
Rght now this is a retail stock, with many disgruntled holders who would jump at $1 to go somewhere else in the space and get earnings, dividends and liquidity. 
The Mitsubishi deal looks great IF they exercise, and IF they want a small group of minority shareholders along for the ride.THey might choose to just string this along, take an extra year to make up their mind, question the DFS conclusions and hold this deposit in their back pocket until they need it, or have found other sources. 
Yes the stock is vulnerable, but is it really desireable? Not based on the volume. Not based on the lack of insider support. Not based on the risk of Mits having a different agenda than shareholders. Not based on managements clear disdain for the retail holders. 
I agree with Barcode, the tone of the sector is turning. The Arcadium deal was just the start. If the Lithium price strengthens for a few months other consolidation will happen, and institutions will return to the space, but will they come to FL? Questionable at best. 

Best of luck to all,

[Tiger131]

Excellent commentary and opinon. I trust in the purity of the resource but question everything else and would welcome a take over by a Major. 

[Moose2121]

I totally disagree with your thoughts. Shareholders will be rewarded mid next year and going forward. They will not dilute their shares at the expense of current shareholders. Management deserves a lot more credit than you think. If you do some deep research you will find out who owns the majority of the shares and the company is definitely going in the right direction. Patience will be rewarded.

[AllinLithium]

This is kind of hilarious, and I'm starting to believe there are moles in this group to keep the hope alive. I've been in this company since 2015, and I know there are a many here who have been in longer, but I can't count how many times someone has said  "this is the year, or next quarter, or next year, etc..." Nor can I count how many times this company has diluted the

[Tiger131]

Let's hope your correct. Continued dilution will result in Mits Board questioning the rationale here and halt further financing.  The retail investors like us also deserve to be rewarded at some point and our patience is not eternal. At least not mine and I've been here since 2015. 

[lappy009]

I agree with Moose....Management brought into the Mix Mitsubishi......whithin the next 6 months we will see if Mitsubishi will definitely bond with FL as for the second Tranche option......the fundamentals are key.....and this is why I invested in FL. Of course I'd love this stock to be over 5$.......but let's be patient! Cheers.