Post by
lithomon on Dec 23, 2022 3:42pm
Margin, Rio Tinto Takeover, High Purity Lithium,NominalCosts
Margin, several fold higher, the current share price is a joke but would take me the length of a textbook to explain Why?
As to infrastructure costs......quite nominal, almost minuscule, to what the likes of Rio Tinto and other major producers have expensed at other mining projects throughout the world (sometimes without any return or complete project cancellation) which likely don't even come close to what the short term and long term economic payback & returns will be, from the Lithium production of FL's Lithium mine(s) high grade, high purity discoveries.
Cole McGill of Stifel hit the nail on the head in the intro with Andy Bell (low iron, high purity & Frontier Lithium).
Haven't watched the full video yet (time constraints) but will do so during the Christmas shutdown.
Merry Christmas, Happy Holidays AND Happy Hanukkah to ALL !!!!!!
Comment by
Feedmeinfo on Dec 26, 2022 1:27pm
Mum that will be tough as Frontier Lithium is very well protected based on shareholder support for its current management. ( see annual shareholder approval ) Happy New Year to all
Comment by
FrankCowperwood on Dec 29, 2022 7:45am
Market doesn't price in $2-2,5 bln NAV with just one phase. I bet with potential 120+ mln resources they can grow production 3 times. I wouldn't sell it at $4,5 as well as Walkers. They know true value of NA lithium deposit of this size and grade capable to start production before next decade. You can count such assets with fingers of one hand.