Frontier Lithium Inc V.FL

Conservative Li pricing

[Mookster3]

The PFS uses very conservative Li pricing; e.g.  US $1350/t for Li concentrate @ 6%, whereas current spot price is US$4,000/t@ 6%..

[DoggerJT]

Very conservative. I look at CRE for their Feasibility Study estimates and they used $4,039 per tonne of technical grade, vs. FL's $3,000 per tonne. They also used $1,852 per tonne of chemical grade vs. FL's $1,350. That's over a 30% premium on FL's assumptions. And as per Raff's comments, imagine what the final numbers look like if/when the inferred moves into the M+I

[qwerty22]

UR going to have to shout that boom louder, most of the market didn't hear. I mean 13cents. Disappointed! So the 5 analysts aren't nobodies, when will we see their reports?  

[DoggerJT]

Further to my comments on the CRE FS vs the FL PFS, CRE defined their technical grade as 6.0% lithium and chemical grade as 5.5% lithium. FL defines the technical as 7.2% and the chemical as 6.0%. That's another significant difference. This is not a knock on CRE at all, as they are a viable operation, but the assumptions used by FL are a lot tighter. To me, the difference in the NPVs is a lot