Post by
allyboys on Jun 04, 2023 11:53am
Concentrator
Has Frontier Lithium decided not to build a concentrator for there Pak deposit while the bridge is being built? Such acitivity would bring in real value. Is that not what Sigma did, selling concentrate 2 years ago?
Comment by
Margin321 on Jun 04, 2023 12:04pm
Hard to get too far ahead of the infrastructure. It would cost 500 million to build a mine and a facility to make spodumene concentrate. How do they service any debt if the bridge is delayed a year or two. (It has been literally decades in planning).
Comment by
Buffalo1956 on Jun 06, 2023 12:43pm
Can't believe anyone on this message board really thinks that the government not funding a $150 million road is going to stop Rick Walker and Frontier from producing these 66 kilometers of lithium deposits . If the government doesn't come through ( which they will ) the cost will simply be another line item calculated into the DFS .
Comment by
Feedmeinfo on Jun 06, 2023 4:37pm
You got that right Buffalo, this is the nail bitting time (quite time) before the the big push. Why do you think Salantis and Volkswagon are setup in Ontario? Frontier has the largest, longest, widest and cleanest lithium depsoit ever EVER discovered on this planet,
Comment by
Buffalo1956 on Jun 07, 2023 9:49am
Agree as a general rule , but According to Trevor in a recent statement, the road has already been permitted and has jumped all the environmental and indigenous hurdles and is just waiting funding by the government
Comment by
Margin321 on Jun 07, 2023 11:22am
In that case they could just offer to pay for it themselves. But oops, they do not have any money. And there are a few more hurdles to jump. One environmental review is still in the fact finding and feedback acquiring stage.
Comment by
Buffalo1956 on Jun 07, 2023 3:04pm
According to Trevor in a June 2 , 2023 interview with Ian Ross on NWOnewsWatch.com and I quote "We're pretty excited to essentially have three fourths of the distance to our project that's fully permitted and awaiting funding "
Comment by
DoggerJT on Jun 07, 2023 4:09pm
Okay... so the last quarter is up to us... shovels, bug dope, and I'll drive. I just need a few minutes to PAK. (couldn't help myself)
Comment by
qwerty22 on Jun 07, 2023 9:18pm
Put your own risk on the road not getting built. For me it's low. I'm not even contemplating that it won't get built.
Comment by
Margin321 on Jun 08, 2023 11:11am
Not so much if as when. A lot of our competitors are lining up agreements that will give them access to capital. We don't need that now because we cannot build mine, concentraing facility, chemical plant. But eventually we will need $500 million for the first two pieces and another $500 million for the third piece.