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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 > Lithium Mill Concentrator Timeline
View:
Post by lithomon on Sep 06, 2022 7:52am

Lithium Mill Concentrator Timeline

Well expressed Margin and actually almost exciting, if that is indeed the plan the Company goes with & hopefully more aggressively than what has happened on the operational front to date.

On the exploration side, it's been a superb roll-out, so its clearly evident a real seasoned exploration operator is minding the shop, with big discovery after big discovery, hole after hole with Continuity and Size, the kind of mining discovery that ticks all the boxes on a RICK RULE top ranking.

However, I am certain that Rick Rule would also concur that the time has come for Frontier to actually start doing something in a very meaningful way to move this monstrous Lithium discovery to some degree of operational status.  The fact that the Company appears to have difficulty moving swiftly beyond the highly successful exploration stage, perhaps it's just a simple issue that the Company doesn't yet have the capacity of that seasoned individual in construction development/production operations.

If one is waiting for the Government to establish the power transmission and road corridor into the Frontier Lithium discovery minesite, investors might be waiting until 2040 to see Lithium production operations.  As you know, Government people have cash for life, pension for life situation (especially in the Ontario Province), there is no urgency to move any faster than a tortoise pace.

Should Frontier have a reasonable offer on the table from a global Lithium processor/converter, for the initial 2 to 3 years of production operations, it is adviseable to focus on pushing through the road to site, initiate open cut mine development, pour the concrete foundations, erect the steel, build the plant, mobilize equipment and initiate the testing phase of Lithium Spodumene production.

This early stage initial operations plan allows ample time for the supposed Frontier Einsteins' to figure out the optimal approach on developing a fully integrated Lithium chemical plant.
There is ample time to work out those details.
Afterall, when a company starts producing oil, the said company normally doesn't try to tackle the construction of a refinery in the initial stage of production.
The key is to get producing Lithium Spodumene. 

As for Power generation at the minesite in the "initial year or two", well, possibly Green Power and Generators will have to be part of the initial "Power" plan.

Surely the Governments can get up off their thumb and see to it that Frontier Lithium is granted a permit to at least move ahead with an initial phase of Lithium concentrate production, in light of the fact, there just isn't going to be any Lithium in the next year or two when EV battery demand accounts for about 80% to 85% of total global Lithium market availability.  The EV purchase waiting list has already expanded to about 2 years for many manufacturer lithium powered models.  Clearly Lithium supply is dictating demand.  

As well, as new data suggests, Greenhouse gases have never been at these highest levels (and we are still in a 3 year pandemic where the world almost came to an activity halt & corresponding reduction of travel & emissions discharge) and the rivers are drying up in Europe and China. 
And Europe's energy is dwindling. Just look at the angry demonstrations in Europe over energy.
Thus, it seems like the most prudent move for the Canadian & Ontario Government to swiftly move to grant Frontier Lithium a permit for Lithium Spodumene production and get this premier Lithium development underway in a meaningful way to make an impact in the world.
Comment by Margin321 on Sep 06, 2022 10:41am
Thanks, good comments and thoughtful analysis. Just a few thoughts. 1. Rick Walker is Chairman of board and his background is construction, blasting, devevelopment of hard rock mines as owner of Consbec since 1975.  His family also owns 25% of shares. 2. Trevor Walker is his son. He worked at Consbec for 11 years and was Vice President before coming to FL as CEO.  He is part of Walker ...more  
Comment by Buffalo1956 on Sep 06, 2022 12:06pm
March of 2018 the NPV of Frontier was $300 million ( $1.50 per share ) per initial PFS of the PAK only . The Spark was only discovered in November of 2018 , AFTER the initial PAK PFS . Early 2022 ( only 3 years after initial discovery ) we have a NPV on $1 billion ( $5 per share ) per PEA including PAK and Spark . Late 2022 or early 2023 we will have a NPV from a new PFS of at least $4 billion ( $ ...more  
Comment by qwerty22 on Sep 06, 2022 4:15pm
Long term shareholders have seen all that reflected in the SP, no reason for that not to project forward either.  
Comment by Raff007 on Sep 06, 2022 4:22pm
Let's not forget that sharholders are alloud to complain......this put positive pressure on the executive team.......for my sake complaining is not always negative..... ....we need shareholders to put pressure on the team thee is alot involved.....so yes complaining is a good thing! Cheers
Comment by Buffalo1956 on Sep 06, 2022 10:40pm
Complaining about strategies, timelines and execution in which you have no experience or knowledge in , is absolutely senseless. And there is NO way management is changing ANYTHING they are or will do in the future as a result of people complaining in posts. Does anyone really believe , with their 25% ownership , that they are doing ANYTHING but thinking about increasing shareholder value.
Comment by FrankCowperwood on Sep 07, 2022 6:29am
Buffalo1956, agree with you. Walker family and friends know what they are doing. They have 25% and I can easily forget about FL stock for a several years and be convinced we are not getting in pre-production trouble (like Nemaska) or some dilutive financing or low-ball sale. They are not here for the short run thus no incentive to pump the stock. The stock rises as value creation occurs, it ...more