STLHF

Canadian company that has one of a kind new “pilot” plant to recover lithium from waste brine water. Reports are everything is working like it’s supposed to and has a huge opportunity to expand very soon.
Also where this company is doing this is the largest brine cavern in United States

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Also where this company is doing this is the largest brine cavern in United States

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With some of the highest concentrations of lithium in the world. Smackover Brine formation. Head guy Robert Mintak is the only jr. lithium company exec that has had prior dealings and contracts with Elon Musk in a prior venture. They are partnered with German firm Lanxess ag that owns the existing brine/bromine operation. Albermarle (the current largest lithium supplier in the world) was building a pipeline to Lanxess after their extraction experiment failed. After testing their concentrations and finding Lanxess' leases had a much higher concentration than originally thought and Albermarle's lower...they shut it down. Have capacity to produce 3.88 million metric tons of lithium over the next 25 years. If all goes as plan and seems to be, the costs of extraction will drop as production goes up. It's easy to maintain and unaffected by weather. With Trump's EO regarding rare earth metals and tax breaks for producers and buyers of US products, foreign sources can't compete price wise. And at ZERO environmental impact. In fact, the water they reinject will be cleaner than what Lanxess is currently reinjecting.

Been in this a while. Got in at .37 when it dipped down around start of Rona virus. Started moving a bit the last week or so.

In for 1000 shares

Isn’t the plant in El Dorado and tied in or right beside Great Lakes Chemical?

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Been in this a while. Got in at .37 when it dipped down around start of Rona virus. Started moving a bit the last week or so.

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Appears to be the real deal. Still trying to figure out what the potential is for share price, but I have no doubt it'll top $10/share. If they can produce the amount they hope at the costs they project, sky is the limit. They will operate it for 12-24 months then Lanxess will take over and it will be a 70/30 split. I'm adding Lanxess as I go as well. They have really streamlined their bromine operation. They run a tight ship and treat their employees well. Despite decreased revenue this past year, they still gave substantial bonuses and raised (which have always been based on profits-guys were told not to expect one) based on their excitement of the lithium extraction.

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genuinely curious...is there reason to believe that they can sell their product at a premium over current extraction methods?

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Yes. They are taking a waste product and extracting the lithium (which is some of the richest in lithium on the planet) prior to it being reinjected. At full production they estimate costs will be less than $2500/ton. Currently about $4500/ton in experimental plant. They have to add nothing but their extraction modules and a handful of employees. Turn around from brine to lithium was initially estimated to be 72 hours, they've been very conservative in all their estimates...it's less than 24 hours from brine to 99.9% battery grade packaged to sell lithium. With all needed infrastructure in place.

interesting
what is the sell price per ton on the market right now?

this stock is trading below 1.00 right now. If there’s a chance it goes to 10.00 it doesn’t really matter what the ultimate ceiling is

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nteresting what is the sell price per ton on the market right now?

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Last I saw, about $12,000 ton. Prices way depressed from a year or two ago. Projected demand is set to skyrocket which many are projecting prices above $21000/ton over the next two years. Even at current prices, they should be able to produce over 100,000 tons/year or more if the demand exists. Initial estimates were for a total of about 1.2 million tons over 25 years, but after testing concentrations they have revised that up to 3.88 million tons counting Tetra leases they will be taking over.