Frontier Lithium (TSX.V:FL) Recommended As a Company to Watch
Frontier Lithium (TSX.V:FL) was mentioned on the Business News Network (BNN) by John Hykawy, President of Stormcrow Capital, as one of the strongest junior lithium stocks to watch.
“You’ve got demand growing considerably, you’ve got incumbents that can bring additional supply and will try to, but even if they do their best it’s going to require some new players to enter the market. Given that there’s no critical shortage of the material, the place that you should be looking is companies that can produce in the lowest quartile of cost,” commented John Hykawy.
“We’re keeping a close watch on Frontier Lithium. They’re early stage company but with a deposit where we seemed to have found a very high grade spodumene lithium based mineral core that’s analogous to what we saw at Talison in the early days…It’s going to take some time to develop, but we think they’ve got some roots to market that might get them there a little sooner,” commented Hykawy
“The global lithium market is slightly less than 200,000 tonnes a year and we expect that to grow towards 400,00 tonnes by 2025.” commented Hykawy. Frontier Lithium is expected to contribute to this supply demand through its PAK Lithium deposit in northwestern Ontario.