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re: Diving deeper on Standard Lithium?
Posted on 5/17/24 at 1:26 pm to Wraytex
Posted on 5/17/24 at 1:26 pm to Wraytex
I'm still not sure how these leasing "territories" work. Like, oil/gas companies can run around and outbid one another for leases, as long as the royalty offered is higher than the state minimum of 12.5%. Why isn't the AOGC setting the lithium minimum at 2% and letting brine/lithium producers try to outbid one another? Not that I would want that for SLI (pre-Equinor), just wondering why that isn't the structure 
1
Posted on 5/17/24 at 1:31 pm to ev247
What a mess, in that situation the landowner would have to decide if exxon who can easily outbid SLI on royalties offered, is even serious about development. They might sign on for something that might not ever occur, while their kinfolk a couple miles away are seeing a lower, but real royalty check.
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