Frontier Lithium Inc V.FL

ANOTHER 60 LTHIUM MINES NEEDED BY 2030

[Margin321]

According to International Energy  Agency. Some of the 60 will be needed in North America to ensure supply chains for strategic reasons. Successful projects will have good resourece in terms of quantity and quality of resource. (Electric Avenue checks those two boxes). Then there is the matter of access to capital.  Imperial Valley has geothemal properties with lithium brine in good supply. They think they can provide all thew lithium needed in North America. Anyway they have a lot of volume.  Still some technical details still have to be worked out. Some additional steps to chemical grade lithim.  They do have ready access to capital because Berkshire Hathaway (Buffet has geothermal power plants there) and GM are investing. And wherever Albemarbe goes, they have plenty of capital once they make an investment decision.  Anyway the current drilling pogram adds value for sure but to be one of the 60 new lithium mineneeded in the world, someone has to invest a billion dollars.  I don't think a pre-revenue microcap like FL can borrow it - too much interest to carry over the few years it will take to get mine operational.  So the need to partner with someone at the right time for the right price.  Or see the project catches  every imagination and the shares sky rocket to point where selling additional shares becomes a robust source of capital.

[Buffalo1956]

Please do some due diligence on Consbec and Rick Walker ( chairman of the board and 20% shareholder ) . He will NOT have any issues borrowing money for this project or getting a partner and with his ownership will not dilute the stock . Even without him , the deposits size and grade is world class and any bank would lend money based on their " BANKABLE " feasibility study whose economics

[Margin321]

I have done due diligence on COB and that is one reason I have invested in FL.. Operational and board level leadership is a strength. Banks are not doing a lot of long term funding of pre-production and pre-revenue companies and cost is high. Partnership of some kind is very possible. Private capital expects outsized returns for providing the funding. That said, I feel very good about someone who

[qwerty22]

Knowing that the biggest test for us is patience.   

[Raff007]

You are right on !