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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 > Katie Lachapelle $5.25 Price Target
View:
Post by lithomon on Mar 22, 2023 12:53pm

Katie Lachapelle $5.25 Price Target

When prompted by Howard Klein during the 3-way discussion, Lachapelle reiterated her $5.25 price target on FL and she further went on to comment that FL shares are currently trading at only a fraction of that value.

As Ridethewinners (RTW) would summarize the reason for this share price disconnect and steep discount, considering the size & high grade of these multiple Lithium discoveries of 
60-Million Tonnes with runway to 100-Million Tonnes that keeps Growing & Growing & Growing (Howard Klein's & Katie's description), RTW would comment, "that is on management".

Without hesitation, there is clear consensus that Frontier Lithium has been slow as molasses over the decade in the operational development of what is going to be the largest Lithium resource in Canada (per Lachapelle's assessment/comment of FL's 
resource size).

As commented in interview, the next step (or as I would prefer to hear, "the next 
task" in a series of next steps) is Bridge and Road as commented in interview which are "fully permitted" and await funding.  That remains to be the Lithium development Hold-up where Frontier Lithium has been slow to "influence" the accelerated pace.

On the other hand, as an individual who gives credit where credit is due, Frontier Lithium has done a 
good job in Risk Management which is an important fundamental to current shareholders interests or to potential investors just learning about FL's world class Lithium resource inventory that is not broadly known (Klein's description) considering the quality and size of Lithium resources that FL is proving up.

As the world has witnessed in recent days the 
blatent failure in Risk Management within the Credit Suisse organization and its eventual fall, thus, to date, Frontier Lithium has been mindful of Risk Management to the family and extended family holdings and minority shareholding interests.
Comment by DoggerJT on Mar 22, 2023 4:25pm
Hehehe... "clear consensus"... a consensus isn't a few disgruntled minority shareholders crabbing about their own personal hurry to get things done so they can cash out. You commend management for their risk management and yet insist they should have been diluting and spending their way to an earlier production timeframe. Please pick a horse... you can't ride them both. Three ...more  
Comment by lithomon on Mar 23, 2023 1:37am
Yes Dogger, and so was PMET about 15 cents 2 years ago and still trading over $10 which likely explains why PMET's President/CEO Blair Way was a nominee at PDAC 2023, Kitco's CEO of the Year (non-operating category), awarded to the individual on the basis of business excellence and the ability to drive shareholder value. Other Lithium nominees included Ana Cabral-Gardner of Sigma Lithium ...more  
Comment by RAFFL007 on Mar 23, 2023 8:08am
You are absolutely right.....we need to patient! The Walker family is a very concervative and for the shareholders it should confort all of us! Important to note that this famile is not a flight by night.....they've been doing business in Northern Ontario for decades so they are bonded to the community. Are they perfect? Do they always make right decisions? The answer is no......because they ...more  
Comment by Feedmeinfo on Mar 23, 2023 11:31am
DoggerJT, thank you, i totally agree with your response to Lithomon unsupported statements. 
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