FL is positioned just as Feedmeinfo illustrated. All that has changed is Frontier Lithium and CRE have completely flip-flopped their respective share price positions.
The shine has progressively come off Frontier Lithium in the 2nd part of 2022, meanwhile CRE "grew up" and recently engaged a high profile "construction" boss and CRE's share price never looked back as CRE quickly rose to the $2.50 price level from the $1.10 to $1.30 price where it traded for the most part, earlier in the year.
It must have taken significant steadfast grit on the part of Jean-Sabastien when his Lithium company was trading the 1st part of the year slightly over a dollar while Frontier ZOOMED to the $4 price level.
Now it appears the FL-CRE price trend is simply going in the other direction. That's the mining business markets.
Perhaps, the disgruntled comments on this forum are right after all, that Frontier Lithium is not able to tolerate, at this time, the recent share dilution with Goldman Sachs and Royal Bank as joint bookrunners of the oversubscribed financing.
As I have repeatedly indicated, Frontier Lithium, at this time, does not possess the type of group or are not utilizing the current group's capabilities to the full extent that motivates a sustained rising share price at "pre-production" stage.
Frontier has been churning out phenomenal Lithium drill results for the better part of a decade. The industry is well aware, FL will be a massive Lithium cash cow.
Therefore, I don't believe FL will experience a share price rise on further release of drill numbers or Pre-feasibility Engineering report. Investors-in already know the massive value discovered here and seeing engineering numbers is really, simply a moot exercise. Like going through the motions, which definitely has to be done.
A company like Frontier Lithium will likely only experience a sustained share price rise when the company can figure out a workable strategy to get early Lithium production underway. Especially at "spot" US $83,000 per tonne Lithium Carbonate and well on its way to $100,000, likely by the spring 2023.
In realizing some degree of early Lithium production, then I believe the current investors and new investors will pony up and start buying Frontier Lithium to much higher price levels.
It just happens to be the type of investors that Frontier attracts.
The FL investors are not buying into the story, but will buy for "production".