Frontier Lithium Inc V.FL

Capital needs

[Margin321]

All they need is about a billion in capital to make the mine to chemical (High grade rock to concentrate to Lithium hydroxide) story come true. Whole question is where that is going to come from. They have the resource, and it cannot happen without that. But they also need the billion dollars.
Investors putting that much money in will want to get a good price and control the operation. Any other ideas where that billion could come from?

[Buffalo1956]

Banks all over the world are fighting to make green energy loans . With this world class resource as collateral and the reputation and credit rating of Frontier chairman's privately held Consbec ( the largest privately held drilling and blasting company in North America ) they will NOT have any problem getting all the money they need to bring this project to fruition , without dilution

[Margin321]

I hope you are right. But if so, why did they not order the two purifiers six months ago and have climax shallow zones wells on production already. 

[Buffalo1956]

This is hard rock mining not brine and requires a bankable feasibility study to proceed . Key word is "BANKABLE". Banks have to have this to make a loan in the hard rock mining business.

[qwerty22]

So when do you think they'll have a BANKABLE feasibility study like this one? https://minedocs.com/20/Epanko_FeasibilityStudy_21062017.pdf  

[qwerty22]

This one more relevant. https://piedmontlithium.com/piedmont-completes-bankable-feasiblity-study-of-the-carolina-lithium-project-with-positive-results/

[Margin321]

PLL share price rose dramatically the year before the bankable feasibility study, enabling them to raise capital efficiently.  Sorry I made a faulty post below.  FL needs a billion dollars. 

[sfct1978]

PLL dramatic price increase was a result of their off take agreement with Tesla.

[Margin321]

And that dramatic share price increase made it possible to raise capital efficiently. Exactly my point. FL may need to partner with someone to give a clearer path to why they that billion dollar investment is going to have a good payoff. 

[Margin321]

And that dramatic share price increase made it possible to raise capital efficiently. Exactly my point. FL may need to partner with someone to give a clearer path to why they that billion dollar investment is going to have a good payoff.@

[sfct1978]

Yep, definitely. I believe, or it's clear to me, that FL ownership knows what they have and owning such a large interest, they are going to do what is best.  I highly doubt they do any sort of financing before the stock price is significantly higher.  Whether that increase comes from an off-take (like PLL) or thru a partner, it will benefit all of us shareholders.  GLTA

[Raff007]

Yess FL will need an inflow of Capitals from Investment Bankers to financie de billion dollars plant......before that we need the following: - spring and summer drill results - PEA (Preliminary conomic Assessment) - Updated ressource count - Intake agreements or partnership - my take on this is probably intakes agreements - All year round roads - Finally - Electricity to provide power for the

[Margin321]

will be somewhat cheaper if they just produce concentrate and ship it to Thunder Bay to a central LiOH chemical plant being planned there. But you are right they still have all those other steps to navigate. 

[Buffalo1956]

The Pre-feasibility is due in September , there is a lot of work and detail in a Bankable Feasibility Study , so I would think about a year or so from then.  Though the Pre-feasibility should show the banks about what this project is worth and the funds they will need.