re: Diving deeper on Standard Lithium?

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Absolute worst case scenario, SLI just got a $160M investment for 45% of the company. That's a $350 mil valuation which should put the share price over $2. So if you're reading this in the most pessimistic way possible, share price should still be 60% higher.

In reality, SLI just got $160M (with $30M cash up front) to fund near term operations and development that is no strings attached. No repayment, no interest, no nothing. It's a good faith down payment. Equinor will fund 45% of the capex for SWA Ark ($600M) and 45% of the capex for East TX (who knows, probably represents north of $1B extremely conservatively).

That basically represents a back of the napkin $2B investment for 45% of the company assuming success, or a valuation of 4.4 billion. $25/share.

Now that obviously needs to be discounted and the real number is somewhere between; but this is no-joke, real deal news, in my opinion. Totally non-biased view of course.

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True. This should attract institutional investors and I think retail will start jumping in when more people realize how big of a deal this is and how big Equinor is. This is way bigger than what Lanxess was willing to do.

It also makes me even more positive that they will be getting a substantial amount of that gov't money we've been waiting on. That could be the next shoe to drop.