re: Diving deeper on Standard Lithium?

Nope none.

Now that I think about it, some things stand out from the last PR about the commercial-scale DLE column that make the royalty moot for now

-they called it the final de-risking step
-the subtitle of the PR explicitly gives 6 months to test it
-they expected to ramp it end of March

The “de-risking” part makes me think that 6 months of column testing is essential before anyone will finance construction.

Before, I thought that the royalty was the only holdup on FID, but now I think this “last derisking” step is effectively a holdup in itself.

Tldr-expect them to test the commercial DLE column from Apr-Sep before announcing anything big about financing. (Also no royalty rush until then)