Post by
RAFFL007 on Apr 01, 2023 9:06am
Beyond Minerals - promotes with Frontier Lithium!
Beyond Minerals Junior mining (BY.CN) company with market cap of 9MM$ - In many of there press releases they state that they are close to Frontier Lithium (FL-VC) - They have approximately 3MM tonnes of ressources - do they have the potential to be bigger than FL - Maybe - They need to go thru the same process as FL which is the drilling program.
Drilling program are very very expensive - just last year with 14 000 meters of drilling it costs between 9 and 15MM$ to do - With 20 MM shares BY.CN will be diluted many many times so they can prove that their claims are viable.....il will take many years to do......
In the mean time I find did a bit odd to market themselves with Frontier Lithium (FL) - Not because we have the ressource that they will?
Cheers...