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re: Diving deeper on Standard Lithium?
Posted on 4/16/24 at 9:30 am to Wraytex
Posted on 4/16/24 at 9:30 am to Wraytex
I had a dream the other night that Exxon was in negotiations to purchase SLI for $10/share, and that some random mid-major oil company was waiting in the wings for the deal to fall through so they could also buy SLI. I was a good dream.
Posted on 4/16/24 at 2:16 pm to ThermoDynamicTiger
If they dilute to 200M shares (which seems like a reasonable estimate if they use the full $50M available) and convince someone that their current NPV projections are reasonable and attainable, that would make them worth $26.36/share before setting a foot in Texas.
In the meantime, I'm pretty discouraged that IR has ignored me for a month and that SLI is mentioned nowhere in the 14 current applications for next Tuesday's hearing. Has anyone else heard from them?
In the meantime, I'm pretty discouraged that IR has ignored me for a month and that SLI is mentioned nowhere in the 14 current applications for next Tuesday's hearing. Has anyone else heard from them?
This post was edited on 4/16/24 at 2:28 pm
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