Frontier Lithium Inc V.FL

Wednesday Close at NEW Low Share Price

[lithomon]

Well over $100-Million shaved from FL's market cap over the past 8 to 10 days after already losing a couple hundred million of market cap over the past year, meanwhile Feedmeinfo repeatedly "advised" investors not to panic, to hold onto their FL shares, their money is safe invested in FL.

In reality, the money was safer in a bank account & not in the hands of Frontier leadership.

Watching the CIBC activity on the sell side, likely Feedmeinfo unloading shares day after day while advising investors to hold tight and buying his shares as millions & millions of dollars of value continuously lost from day to day.

Now that's talking from one side of your mouth then carry out the opposite plan of action.

At least I call a spade a spade and early cautioning FL investors when Frontier came off the rails with mis-steps, inaction to seize the right opportunity at the right time and cautioning of FL's precipitous valuation decline which likely continues for at least another week (early August tax loss selling by FL investors who bought from $4 and downwards and now realize, given management inactivity of progressive project construction, long overdue of Lithium compound production, thus, only a remote chance of those previous high valuations returning, given current leadership).

Clearly, a re-structuring of FL is imminent to end the share price hemorrhaging.

Margin, time will tell if the recently hired CFO can step up to the plate to foster the necessary agreements and hands-on drivers to accelerate FL's Lithium complex developments back on the track to create a worthy and exciting new mine investment grade reality.  

[dilithium]

It will be interesting to see how management will move forward at these price levels.Will they try to raise money at these low prices, diluting the stock to oblivion or will they just put a hold on the whole project.Hopefully we bounce back at least a bit. 

[Margin321]

They do have cash in the bank.  No need to dilute anything now. When they move ahead on building a mine they will need ready access to capital, but that cannot come from equity  sales at this price point.  Now if they make some deals to infuse capital (sell part of the company with off-take guarantees) then the share price might move high enough that secondaries of a few million

[sfct1978]

Remember, the Phase 1 portion coming first as well!  There will be revenue within 2 years ? from this, and at a nice profit, to help offset some of the financial hurdles...I believe the phase 1 is in town/close enough to town where all this infrastructure worry doesn't affect??  

[Buffalo1956]

Phase 1 will produce approximately 40,000 tons per year of technical grade Lithium worth $120 million  . 40,000 tons per year can ALL come out from the site on winter roads . The all season road DOES NOT have to be completed to proceed with and execute phase 1. That's approximately $120 million in revenue and $100 million of that is profit . $100 million profit is over $0.40 per share per

[dilithium]

My guess is that a lot of these shareholders bought in at a much higher price and are not willing to go underwater as they get close to there buy in price.Plus investors maybe loosing patience. 

[DoggerJT]

Lithomon... I really try hard NOT to comment on your posts because there's really nothing to be gained. But I find it so difficult sometimes. Why is FL your focus? Losing 100 million of market cap on 8 to 10 days seems worrying to you but PMET losing over 200 million in the last 4 trading sessions doesn't seem worth a mention. And the downswing experienced by FL seems to be shared by CRE.

[DoggerJT]

Oops... made up a new word... Funancing... when financing just isn't fun enough!!

[frontierman]

Good post Dogger, I think most folks have followed this Lithomon character for several years. The ebbs and flows of his/her posts have been intriguing. I remember once when Lithomon posted something about a former board member/employee, that he personally knew, that passed away. My conspiracy theory is that Lithomon had some connections through the company, maybe indirectly, through family member