drbubb Posted January 2, 2011 Report Share Posted January 2, 2011 Frontier Rare Earths Ltd (FRO -TSX) Emerging rare earths producer - Zandkopsdrift deposit===========================================There are at least 26 publicly traded companies in Canada that have rare earth projects at some stage of development. But good quality, economically feasible deposits are scarce. ( FRO.t - delisted, but not dead... yet)Molycorp (MCP) vs. Frontier (FRO.t) ... update - MCP went BK, so I am showing instead: FRO.t vs the KRO Rare Earth Index Frontier Rare Earths is an emerging rare earths producer, the company's objective is to become one of the leading producers of rare earths outside of China and one of the first new producers of rare earths after Lynas Corp. and Molycorp (MCP). Frontier's principal asset is the Zandkopsdrift rare earth deposit in the Namaqualand region of the Northern Cape Province of the Republic of South Africa, which is believed to be one of the largest known rare earth resources outside of China classified under international resource reporting standards. The company believes that the combination of deposit size, grade, rare earth distribution, geological setting and favourable location gives Zandkopsdrift the potential to become a significant producer of rare earths. Frontier plans on completing a pre-feasibility study on the Zandkopsdrift Project by the end of 2011; subject to the outcome of the pre-feasibility study, completing a bankable feasibility study by the end of 2012; and, subject to the results of the bankable feasibility study, commencing production of rare earths by the end of 2014.The resource at Zandkopsdrift is considered by the company to be large enough to target supplying up to 20,000 t/a of rare earth oxides, which is broadly comparable to the largest non-Chinese rare earth projects currently under development, namely, Mount Weld in Australia and Mountain Pass in the U.S. The estimated mineral resources at Zandkopsdrift as at September 28, 2010 are approximately 22.92Mt containing 532,000t of TREO at an average grade of 2.32% and an additional inferred resource of 20.81Mt containing 415,000t of TREO at an average grade of 1.99% applying a 1% grade cut-off.FRO.t / Frontier ... updateOn November 17, 2010, Frontier completed of its $60 million initial public offering (17,650,000 units of Frontier at a price of $3.40 per unit - share and one-half warrant). Each warrant entitles the holder to purchase share, at a price of $4.60, for a period of 24 months. The half warrant had a deemed value of $0.055 at IPO. The company's shares have traded as low as $2.80 since its debut. Meantime, Frontier's peers have rallied hard with the recent Chinese policy decisions. Based on relative size of deposits, stage of development and grade quality, the core comparables to Frontier have been identified as: Rare Element Resources (RES), up 51.3% since November 17, 2010 (Frontier's IPO date); Arafura Resources (ARU-AU) up 25.8%; Avalon Rare Metals (AVL) up almost 100%, and; Quest Rare Minerals (QRM) up 32.2%. In comparison, Frontier is trading relatively flat to its IPO price.Frontier's warrants trade under the Thomson One symbol FRO'-T.== ==LINKS:-------The Rare Earths thread :: http://www.greenenergyinvestors.com/index.php?showtopic=4174RE stock charts - - - - - :: MCP : http://www.advfn.com/cmn/fbb/thread.php3?id=24246974 FREFF, otc quote - - : http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=FREFF&x=51&y=16&time=8&startdate=1%2F4%2F1999&enddate=5%2F8%2F2017&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=1&maval=76%2C+252%2C+377&uf=0&lf=268435456&lf2=0&lf3=0&type=4&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=15 Link to comment Share on other sites More sharing options...
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