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re: Diving deeper on Standard Lithium?
Posted on 4/9/24 at 6:41 pm to Ballstein32
Posted on 4/9/24 at 6:41 pm to Ballstein32
quote:
If feel like the AOGC is the real hindrance in everything right now.....
Very much so. SLI is the only company being asked to produce numbers because they are the only ones that have produced shite. I can see where they'd let share price slide and play it down prior to royalties being set. If they release some great numbers...royalties skyrocket and kill future profits. Catch 22. I'm holding. As a shareholder, I'd rather them play the long game to get lower royalties than to protect share price at the current time. I don't care where it is now, but where it will be 5 year from now.
I'm certainly not saying this is what's happening, but it's bullshite that they are being called out by the commission for not releasing data when no one else has data to release. I know several of them and discussed this at length. I say 3% and revisit it in 10 years once the projects are developed and had time to recoup investments. They are currently trying to set royalties on an industry that don't exist. Dumbass landowners are going to end up with shite.
2
Posted on 4/9/24 at 7:33 pm to SmackoverHawg
Posted by CarbonAce online on 4/6/24 at 3:49 pm to Auburn1968
How do we know they do not have it all worked out and are not worried about stock price because it will all be announced when time is right?
How do we know they do not have it all worked out and are not worried about stock price because it will all be announced when time is right?
Posted on 4/9/24 at 10:16 pm to SmackoverHawg
Man I’d love to see your 3% then revisit idea but am still thinking about Exxon being (saying they’re) okay with 10%. Why wouldn’t Exxon sandbag Standard? Standard would be the bad guy in public opinion.
The public won’t read a DFS, and the Dec hearing revealed that the DFS doesn’t include Lanxess fees anyway lol. So no one can verify what royalty Standard can “afford” even if they read what’s available. So people will be left to their imaginations and assume Standard is just a greedier corporation.
Everyone hyped lithium as the next oil boom and now Standard has to stand up at hearings and explain why oil royalties aren’t appropriate. I’m on their side of course but wouldn’t want that job.
Any indication if April is still too soon to get the decision Smack?
The public won’t read a DFS, and the Dec hearing revealed that the DFS doesn’t include Lanxess fees anyway lol. So no one can verify what royalty Standard can “afford” even if they read what’s available. So people will be left to their imaginations and assume Standard is just a greedier corporation.
Everyone hyped lithium as the next oil boom and now Standard has to stand up at hearings and explain why oil royalties aren’t appropriate. I’m on their side of course but wouldn’t want that job.
Any indication if April is still too soon to get the decision Smack?
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