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re: Diving deeper on Standard Lithium?
Posted on 5/10/24 at 8:28 am to ThermoDynamicTiger
Posted on 5/10/24 at 8:28 am to ThermoDynamicTiger
quote:
Speaking of selling. What is our plan here? If this thing flies up like last time, unlikely, do we sell since we seem to be a ways out from actual production? or do we hold on the long term value. Many of us got burned by holding last time...I sold at around $10 last time, but bought back in at $7.
I don't have one.
Figured I'd only be selling to harvest losses for taxes. If we get one of those quick, irrational run-ups like before, I'll dump my higher cost LT holdings and wait to buy back in at a lower price, but I don't have a price in mind yet. Still a lot of unanswered variables out there to even have a clue of what the potential for SLI is at full swing. No royalties, lithium market in a slump, gov't cheese money.
1
Posted on 5/10/24 at 8:58 am to SmackoverHawg
Not to mention the scale of TX. They called it a multiple of SWA, while SWA has an after-tax NPV over $3B. I don't intend to sell anything until those questions get answered, but I've never seen something like a ride from $1-$10
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