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re: Diving deeper on Standard Lithium?

Posted on 4/16/24 at 9:30 am to
Posted by ThermoDynamicTiger
Baton Rouge
Member since Jul 2008
1289 posts
Posted on 4/16/24 at 9:30 am to
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 by ev247
Member since Nov 2022
317 posts
Posted on 4/16/24 at 2:16 pm to
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?
This post was edited on 4/16/24 at 2:28 pm
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