Frontier Lithium Inc V.FL

$23 Million Closes - Goldman/RBC Joint Bookrunners

[lithomon]

Was massively tied up for a few weeks meeting tight deadlines and Covid recovery, and noticed Frontier closed on the $23-million.  A good shot in the arm to move ahead with Lithium mini-plant.
The Lithium price is right at approximately US $83,000 per tonne.

Likely one of Frontier's largest financings in recent years.

Is it time to start thinking about the next capital raise of $40-million on 4 million subscription shares?

[Margin321]

I am sure they can start up an open pit mining operation pretty easily (Walkers certainly have that expertise and the resource is very favorable with good length and width and depth and very little overburden)  once the infrastructure is a little more advanced - I actually think they can do it once power is there. There has been a lot of advance in battery powered mining equipment and that