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Message

re: Diving deeper on Standard Lithium?

Posted on 8/10/23 at 1:10 pm to
Posted by Shepherd88
Member since Dec 2013
4592 posts
Posted on 8/10/23 at 1:10 pm to
I didn’t think the Lanxess plant needed to adhere to the royalties bc all that land belonged to Lanxess? Maybe I’m off on that though
Posted by ev247
Member since Nov 2022
317 posts
Posted on 8/10/23 at 6:25 pm to
There's at least a significant portion that Lanxess doesn't own.
I'm not familiar with this site but it says "The Arkansas Smackover lithium project area covers approximately 150,000 acres, near El Dorado, in southern Arkansas, US. Lanxess owns approximately 10,000 brine leases in the project area."

...on top of the AOGC hearing application (posted yesterday) requesting royalty determination and attaching the names of probably 1,500+ individuals considered "interested parties" just in Lanxess South (Phase 1) territory. If I'm missing something someone let me know.

I could report first hand if Lanxess would just expand 10 miles westward and swallow up my mineral acreage.
Posted by Providential Tiger
Member since Oct 2019
410 posts
Posted on 8/11/23 at 9:18 am to
Also move 10 miles south into North Bossier Parish!
Posted by rlp
Shreveport
Member since Sep 2005
655 posts
Posted on 8/11/23 at 10:35 am to
quote:

We seem to have really established support in the $4.30s-4.40s. Been accumulating in this zone for over 2 months now.


Down to $4.25 this morning
Posted by CamdenTiger
Member since Aug 2009
62505 posts
Posted on 8/11/23 at 10:36 am to
Yep, just got a warning about a 5% drop, any news? Or just everyone panicking over the global issues?
Posted by Neauxla_Tiger
Member since Feb 2015
1883 posts
Posted on 8/11/23 at 10:39 am to
I know I jynxed us I guess by posting about the supports. By Monday we're indisputably no longer in "early Q3" and I guess people are getting fed up with the constant missed deadlines. Can't blame em. Trying to keep the faith and add here.
This post was edited on 8/11/23 at 10:40 am
Posted by Fe_Mike
Member since Jul 2015
3154 posts
Posted on 8/11/23 at 10:55 am to
Yeh this is likely a 'missed another deadline' sell off.

I've definitely had better Friday's.

Very ready for SLI to start hitting their targets. This is definitely getting old.
Posted by Guntoter1
Baton Rouge
Member since Nov 2020
1022 posts
Posted on 8/11/23 at 11:05 am to
quote:

just got a warning about a 5% drop, any news?


Yes Axios just reported that the SLI plant will cost 1.27 billion to build and Exxon has moved into the area and will build a plant that will double SLI output.
Posted by Neauxla_Tiger
Member since Feb 2015
1883 posts
Posted on 8/11/23 at 11:06 am to
If the overall market stays shite into next week and we still have radio silence from SLI, I could definitely see this falling back into the 3s. There's pretty strong support in the low-mid 3s dating back to 2021 when we sat in that range for a while. We've bounced off that area multiple times in the past year. If we get that low I'll probably try to load up.

ETA: If we plummet past the 3s I'll just shut up about support levels
This post was edited on 8/11/23 at 11:08 am
Posted by Dock Holiday
Member since Sep 2015
1641 posts
Posted on 8/11/23 at 11:18 am to
Axios

quote:

An SLI spokesperson told Axios via email the company will soon release results from a feasibility study for its Lanxess project near El Dorado.


Free beer tomorrow...
Posted by Shepherd88
Member since Dec 2013
4592 posts
Posted on 8/11/23 at 11:49 am to
SoOoOOn
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3110 posts
Posted on 8/11/23 at 1:33 pm to
quote:

An SLI spokesperson told Axios via email the company will soon release results from a feasibility study for its Lanxess project near El Dorado.


Posted by jamiegla1
Member since Aug 2016
7014 posts
Posted on 8/11/23 at 1:56 pm to
i wonder if the delay has more to do with the 90 day time limit to make a final investment decision that Iron Mike mentioned.

Maybe they are buying time trying to figure out that part
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2015 posts
Posted on 8/11/23 at 1:57 pm to
If they miss this deadline I’m bringing Gaucho back.
Posted by LChama
Member since May 2020
1662 posts
Posted on 8/11/23 at 2:10 pm to
I’m buying more at 2.99
Posted by Dock Holiday
Member since Sep 2015
1641 posts
Posted on 8/11/23 at 2:12 pm to
quote:

If they miss this deadline I’m bringing Gaucho back.




At this point take a guess which one is Standard Lithium, and which one is Exxon
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
2868 posts
Posted on 8/11/23 at 2:22 pm to
Well good news is it’ll never get below 4.22 because I placed a buy order there.
Posted by CamdenTiger
Member since Aug 2009
62505 posts
Posted on 8/11/23 at 2:37 pm to
quote:

Well good news is it’ll never get below 4.22 because I placed a buy order there.


Congrats on the shares
Posted by Elusiveporpi
Below I-10
Member since Feb 2011
2576 posts
Posted on 8/11/23 at 2:44 pm to
quote:

Yes Axios just reported that the SLI plant will cost 1.27 billion to build and Exxon has moved into the area and will build a plant that will double SLI output.


What difference does it make who starts production first? The demand will still be there. The product will sell. The only down side is there is no profit till it’s built.
Posted by Lightning
Texas
Member since May 2014
2300 posts
Posted on 8/11/23 at 2:47 pm to



Realllll sick of your shite SLI


Quit announcing deadlines you can't hit.
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