re: Diving deeper on Standard Lithium?

It’s traded OTC. If your brokerage doesn’t support OTC you are SOL.

I'm about to put $15,000 on it.

Good luck!

> 1.50 today. This could be a long run. Decimal points matter!

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I've got 4000 shares.

I'm curious what the top end for this company is.

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Based on the initial numbers on a 72 hour turn around and historic lithium concentrations at a max output of 20,000 tons lithium/year...maybe $10 based on lithium prices prior to COVID. But they have greatly reduced extraction time to just a few hours and the actually concentration of lithium in their brine proved to be higher on their two largest leases than initial estimates. They have about 3.8 million tons of lithium between theirs and Tetra leases without drilling new brine wells. If the turnaround proves to be that much shorter (I want to say like 6 hours but I'll have to look it up), they can basically produce as much as they want if global demand shoots up. Most encouraging for me is that they have far exceeded all expectations. They seem to under promise and over deliver. So, your question is one I've been trying to has out in my mind for the last 6 months!!! Not to mention other projects they have outside of Lanxess. Even the split with Lanxess is variable depending on certain metrics. Initial will be 75% Lanxess and 25% STHLF but can be 60/40 but I don't know what the contingencies are. Lanxess is footing the entire bill for the megaplant and all the Standard Lithium on site project employees work for Lanxess. Standard Lithium just had to fund the experimental and demo plant. It's a very unique set up. Basically almost all revenue for STHLF will be profit. But I can't get shite out of anybody here about it. They are tight lipped. There is ZERO local hype. To me, that's a good sign. But don't buy it based on my hunches and opinions!! But I welcome discussions on potential stock price even if some are based on assumptions and projections of lithium demand/prices.

Bought my first 1200 shares today.

Electric Vehicle Demand Will Spark Lithium Mining Reinvention



I wonder what impact Musk's mining operation will have. I'm still looking for an article I read that gave projections on lithium demand, but it was substantial. $10.00 is also what I was thinking, but if any good news makes it pop I'm going to start selling peices at $5.00. Daddy needs a new truck. I'm going pick up my wife's Telluride today with the money from my COVID stocks.

I bought 2,500 yesterday and will buy more at $1.30 and $1.10. I had an alert on my phone at $0.85 and didn't buy

Not yet. Seems like a lot of Mondays, someone is placing a substantial buy order and it shoots up, then people starting taking profit as day goes on. Unless a news release is coming or the anticipation of it. It has been almost a month since they shipped the lithium chloride to Canada. I think that news will push it over $2.00. How high? No clue. I'd like a slow drip of info. I prefer it not take off until I've owned the vast majority of my shares for a year. Looking to pay capital gains and not income tax! And I think the Lanxess project could just be part of a much larger market for their process. It would be the most profitable because of the existing infrastructure, but they have rights to geothermal units in California. The brine doesn't have near the concentration of lithium, but they are money losers. Extract the lithium and maybe other mineral with their process which appears to be the only environmentally friendly method of extraction and possibly the cheapest/ton with the concentrations in the Lanxess and Tetra leased. I do know that Tetra shut down their salt plant here and Lanxess has had heavy equipment in the area for what appears to be cleared space for extraction modules. Brine wells already in place. Tetra leases hold about 7-800k tons of lithium and Lanxess's about 3.1 million tons. Original project for 25 years at 20,000 ton/year, but very easy for them to up production and with the faster turn around time from tailbrine to finished, marketable 99.9% battery grade lithium they can easily produce more than 100k tons/year. Or so I understand. I hope it is what I hope it is. Would be huge for the area. Lanxess has lots of connections to E-battery manufactuers. They produce the housing and other components in their plastics division and many of the other minerals needed for production.

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With volume so low, a large order can manipulate the price a good amount in either way. You just have to hold a stock like this and wait.

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Truth. A large sell can really pucker your arse.