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Bullboard - Stock Discussion Forum Frontier Lithium Inc V.FL

Alternate Symbol(s):  LITOF

Frontier Lithium Inc. is engaged in the acquisition, exploration and development of lithium mineral properties in Ontario, Canada. The Company is engaged in a pre-production business with a focus to be a strategic and integrated domestic supplier of spodumene concentrates for industrial users as well as battery-grade lithium hydroxide and other chemicals to the electric vehicle and energy... see more

TSXV:FL - Post Discussion

Frontier Lithium Inc > New Press release
View:
Post by Margin321 on Nov 19, 2024 5:25pm

New Press release

Very nice, they keep working steadily in the background, moving things forward. Mitsubishi is fully on board. Next HUGE milestone is Mistsubishi taking full 50% ownership of the JV at a price not determined by the share price, but by the economic value of the project as determined by the feasibility study. Then off they go toward building a mine and moving ahead with other aspects required to make spodumene concentrate and ultimately chemical grade Lithium Hydroxide.

Comment by Margin321 on Nov 22, 2024 8:28am
Sorry that I misstated the size of Mitsubishi holding in the JV. It is currently 7% and hopefully everyone here knows they have option to go to 25% (NOT 50% as I stated in error). No way to correct a Stockhouse message.  That 25% is very important because it will be valued on the resource data and projections from the DFS - and not valued by the terribly depressed share price. Mitsubishi is ...more  
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