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Message
re: Diving deeper on Standard Lithium?
Posted on 4/19/24 at 12:04 pm to Pierre
Posted on 4/19/24 at 12:04 pm to Pierre
quote:
Or do we just need to wait and see where the royalty roulette wheel lands?
At least for the demo plant, have not the royalties already been paid on the brine by Lanxess? Or are they just paying royalties on bromine?
1
Posted on 4/19/24 at 1:19 pm to Auburn1968
Lanxess is only paying the royalty on bromine. Landowners will be making two separate royalties on the same gallon of brine once lithium is decided.
To the poster above, I'm buying more here while trying to get to a certain number of shares, but I wouldn't advise my family/friends to buy until the royalty is out the way. Since it would still be a good price (doubt the royalty will be a massive catalyst) then with less risk
To the poster above, I'm buying more here while trying to get to a certain number of shares, but I wouldn't advise my family/friends to buy until the royalty is out the way. Since it would still be a good price (doubt the royalty will be a massive catalyst) then with less risk
This post was edited on 4/19/24 at 1:23 pm
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