Post by
lithomon on Jul 29, 2022 3:59pm
Short Position in the Millions
Good info Margin. In some ways, the Frontier short position can be useful.
For instance, I know buyers that are still waiting for real estate deal(s) to close & funds to be re-directed and they are hoping these FL shares don't run-up too quickly per "key" analysts forecasts in the $4 to $4.50 price range.
Would appear attractive value way down here.
However, that "short" position could quickly change if Frontier can align their mindset into the "operational" mode. It's a tough nut to crack to get into that mode of thinking with corresponding applications, permits, approvals, etc...
We all recall what happened once Lithium Americas started making "key" milestone announcements in the advance to Lithium production operations and subsequently got into the construction phase in Argentina and the share price rapidly moved well into the $50 price range.
Comment by
WendelJames on Aug 04, 2022 7:10am
How does the resources of FL compare with Lithium America? Do you think FL could have the potential mimic Lithium America's meteoric rise from March 2020? What triggered the sharp rise in value or Lithium America? I see even Lithium America went through a 8 year period of basic flat trading, FL may have a few years of flatness, they are years away yet from production no?
Comment by
Raff007 on Aug 04, 2022 8:28am
What triggered Lithium America's peak is that they are in the consrution mode. As of now 90% is completed and ready to operate sometime in 2023. LIthium America have three deposits two in Argentina and onn in the United States. Cheers