The Globe and Mail reports in its Friday, Dec. 8, edition that BMO Nesbitt Burns analyst Greg Jones commenced coverage on Frontier Lithium with a "market perform" recommendation. The Globe's David Leeder writes in the Eye On Equities column that Mr. Jones did not specify a share target. Analysts on average target the shares at $3.76. Mr. Jones says in a note: "Frontier is differentiated from peers by its high-grade resource and plans to develop an integrated mine-to-chemicals operation to produce spodumene concentrate and battery grade products in Ontario, Canada. However, development capital requirements are significant relative to Frontier's current scale, which could present challenges in an environment where capital can be scarce for large-scale greenfield projects. As such, we remain on the sidelines, awaiting further clarity on funding plans." The Globe reported on Sept. 6 that CIBC World Markets analyst Mohamed Sidibe rated Frontier Lithium "outperformer" in new coverage. The shares could then be had for $1.22.