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Bullboard - Stock Discussion Forum Frontier Lithium Inc V.FL

Alternate Symbol(s):  LITOF

Frontier Lithium Inc. is engaged in the acquisition, exploration and development of lithium mineral properties in Ontario, Canada. The Company is engaged in a pre-production business with a focus to be a strategic and integrated domestic supplier of spodumene concentrates for industrial users as well as battery-grade lithium hydroxide and other chemicals to the electric vehicle and energy... see more

TSXV:FL - Post Discussion

Frontier Lithium Inc > FL Deliver the Goods
View:
Post by lithomon on Jul 10, 2022 7:48pm

FL Deliver the Goods

Just going to say this once (too many projects on the plate) and then see what FL accomplishes over the next couple months.
Deliver the Goods?? What year 2030??? Should have already had some degree of Lithium compound production by now or be very close to it.  Clearly, things were on the fast track & then the slow-down/stall at Frontier Lithium.
I think listening to the wrong heads.
And please don't give me that non-sense about Lithium is different, not like copper, nickel, gold mining & production, etc, etc, etc......
You just do it, know the right people who are capable and get it done!!!!

Actually, Raff's comment a few weeks ago prior to the rather large FL share price drop got me thinking further about the FL market stall/slow-down as Raff's comment was along the same lines.  And it was already happening before the March Russian Invasion, the known inflationary data, the Goldman Lithium Report, etc. 
Typically, the market on a Company's stock never lies.


It appears FL has reverted back into the mode of activity where there is the highest degree of comfort level over the past 5 to 10 years, i.e. Drilling, an area of activity where it has been clearly described on this forum that the parent share owners of Frontier have had a high degree of success, i.e. drilling & blasting & construction.

It's always good to drill to expand the Lithium resource on "multiple" deposits/mines (that's obvious, it has to be done), however, at some point, the Big Boy Pants must go on, if FL's true intention is to grow the Company & share price to the likes of Lithium Americas, Piedmont Lithium, etc, which entails, of course, continuing with drilling and Concurrently get into the "Operational" mode of thinking with specific "Concentrate Plant" & "Chemical Plant" milestone Guidelines, target achievement dates, etc...
That's what the Big Boy Pants Investors want to see happen. And Frontier Lithium clearly has the high value Lithium resources across multiple deposits & mines to be every bit the likes of LAC or Piedmont Lithium (PLL) but you have to start thinking towards steady flow "Pre-Production Operational tasks, objectives and guidance dates or will never get to Lithium production before next decade.
 
As Raff commented,
 

We love to drill !

"I saw the company timeline in regards to production.....we're talking 2027 oufff!
After the phase 11 drilling results can we make decisions based on that ? Or more drilling is to take place ?
 
For the past year the only thing we're talking about in abundance is drilling, drilling, and how great we are...bla bla bla!
I want more decision making in regards:
- Feasability study
- Financing
- in take agreements
- Size of the plant

Cheers....."
Comment by qwerty22 on Jul 10, 2022 8:22pm
Stock trading
Comment by qwerty22 on Jul 11, 2022 10:24am
"Deliver the Goods?? What year 2030???"   Their investor presentation says 2027. They've laid out their timetable on the second to last page. If you don't like it then don't invest. But none of this is a mystery. They have a five year plan and you want everything to happen in the next few months. I (strongly) suspect you are tilting at windmills.  
Comment by ridethewinners on Jul 11, 2022 11:25am
I agree with the frustration, but there are a few real considerations here. Selling spodumene requires a permit, it also requires a road to move it, electricity to operate the equipment (a lot cheaper than hauling diesel). In Canada these things take a lot longer than some other jurisdictions.  The power line is mostly done, but will not be live until next year. The road is not fully ...more  
Comment by qwerty22 on Jul 11, 2022 11:50am
"investors are not clear on the timelines"   It's summarized on page 18 of the presentation. https://0d7460aa-48c7-4c8d-9728-2913b52b197a.usrfiles.com/ugd/0d7460_1b55a7b5962140efb79c50bb15d006fc.pdf You can read it there but I'll point out some of the things you think are unknown. Permitting starts end of this year. Engineering 2024 Financing for construction ...more  
Comment by Buffalo1956 on Jul 11, 2022 4:24pm
I was recently asked by a Frontier Lithium skeptic " if they don't mine these deposits , what is the liquidated value of Frontier Lithium ? ". Doing a little educated guessing , I calculated that any major mining company would pay at least $50 per ton of ore in the ground ( takes about 70 tons of ore to make a ton of Lithium Hydroxide or $3,500 total ). That would be a total of 42 ...more  
Comment by frontierman on Jul 11, 2022 5:27pm
Buff -  Always appreciate your posts, brother. The thing I'm excited about is the upcoming PFS. If the company doubles (or more) PEA projections, along with a higher Tonnage price, the immediate valuation of the stock should be an injection. Then if we get a few off-take agreements, who knows. Personally, I like the management group a lot. I've been encouraged watching the slow ...more  
Comment by Raff007 on Jul 12, 2022 9:50am
You are right Buffalo....but at the same time we need different opinions to be able to have intelligent discussions on this board......let's not bash the organisation......but we can disagree on some of the decision made thru out the years.......no one is perfect but at the same time we can question the decision making. In regards to Lithoman's comments I dont totally disagree with some ...more  
Comment by Raff007 on Jul 12, 2022 9:53am
Let's put it on third gear.......we have the ressource....the powerline in on the way...the road is almots in place......well.......guys...we are ready for the next steps.... yess, we need the results for this summer drilling to determine the size of the plant.....we have all the pieces to make it work! Go go go !
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