Post by
RAFFL007 on Feb 05, 2024 8:22am
FUNDAMENTALS!
I know, I know, let's not forget thru hard times why we invested at firt in Frontier Lithium.....Yes, the Fundamentals!
I'm not the only one saying this....everyone is....
Someone ask on one of the posts, what is happening next ? Well 2024, hopefully will be a big year for FL in regards to the preparation of Phase I construction that should take place in spring of 2025.....to be in operation by 2027....that's part of the corporate plan!
Yes, we've talked and I've talked about the bridge for many months.....but for Phase I we dont need the bridge, they will be using the winter road......
Let's not forget the hydro line is in FL's backyard......so the road will follow.....I know, I know we need to be patient.....and we're saying that since june of last year.....but once again why di we invest at first in FL......for the Fundamentals !
Comment by
Tiger131 on Feb 05, 2024 10:09am
Agreed, but being down as much as I am it's extremely frustrating with little to be optimistic about. Between governement agencies and Indiginous partnership I'm not overly optimistic to be honest and cannot invest anythng further until I see something worth investing in.
Comment by
replicator on Feb 05, 2024 12:45pm
This article explains alot ! https://financialpost.com/commodities/mining/lithium-miners-trying-survive-slumping-prices?utm_source=flipboard&utm_content=topic%2Fcanadiannews
Comment by
Margin321 on Feb 05, 2024 1:55pm
It is pretty brutal. Is it the dark before dawn, or the beginning of the end. One good thing is that Trevor's father has a whole chunk of the common shares.
Comment by
replicator on Feb 05, 2024 3:14pm
Not sure how to answer that Margin. I don't see any of the big boys knocking at our doors anytime soon.My guess is we are going to have to go into hybernation for a while till things turn around. At least they still have money in the coffers !
Comment by
RAFFL007 on Feb 05, 2024 8:31pm
It is brutal, very brutal......but once again we have to step back and look and the fundamentals......and you know what they are still there.... ....hang in there....