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re: Diving deeper on Standard Lithium?
Posted on 5/8/24 at 7:31 am to ThermoDynamicTiger
Posted on 5/8/24 at 7:31 am to ThermoDynamicTiger
Edit: Google gave me bad data on Equinor’s annual revenues. Their market cap is around 85B
(Edit: The following is also wrong. Keep reading the thread) I don't know what I was expecting, but 45% ownership on 2 projects where you've paid $160M toward like $3B capex needed seems like a steal. Am I off base?
(Edit: The following is also wrong. Keep reading the thread) I don't know what I was expecting, but 45% ownership on 2 projects where you've paid $160M toward like $3B capex needed seems like a steal. Am I off base?
This post was edited on 5/8/24 at 10:01 pm
2
Posted on 5/8/24 at 7:38 am to ev247
Up 8% premarket so people like it.....
This post was edited on 5/8/24 at 7:39 am
Posted on 5/8/24 at 7:53 am to ev247
Yeah looks like EQNR has an $85 billion market cap, so that's not a small company. Says they're a multinational energy company. Also caught this snippet in there:
Should ease some concerns that they'll have enough cash for a while. Maybe SLI can slow down on the dilution.
quote:
This investment includes a US$30 million cash payment to Standard Lithium at closing
Should ease some concerns that they'll have enough cash for a while. Maybe SLI can slow down on the dilution.
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