saw this today on SLI’s FB group so thought I’d pass it on. Don’t know the guy but it sure does sound good. I still hold 60,000+ shares…haven’t bought in a while but I think I might try to grab more before it leaves the 3’s…

“I’ve spent over 38 years working in an industrial environment with 36 of them in nuclear chemistry.
About 1 year ago I got a very nice tour of the SLI pilot plant.
Here are key points I observed
1. They are continually adjusting the process streams to come up with most efficient conversion
2. There were Koch employees on site working along with SLI
3. There were hundreds of samples bottles with lithium carbonate that had been produced with greater than 99.5% purity
4. The workers were very knowledgeable and could answer all the questions I could come up with
I’ve read the business report from early on when lithium prices were at $13,000 a ton and brine concentrations at the pilot plant were 175 ppm, with those stats it was still a viable plan
Fast forward to now
Prices have been up to $85,000 per ton but have fallen into the mid $30,000 Per ton. The new wells in Texas are around 600 ppm lithium.
I believe if we had lower interest rates they would be building several plants right now
I have met with very senior leaders of this company as well as the CEO.
With all that being said I buy shares every week . I don’t expect huge returns until they announce ground breaking on commercial plant. Also I don’t have any expectations for large scale production until very late 2025
I’m in the camp where you get this initial design down before you jump in with both feet. Costs a lot less to build then redesign and rebuild once started
About 10 more mutual funds are now invested bringing total to 107
Koch holds all the shares ($100 million )they bought for around 7
I’ve seen price predictions all the way to $500 a share
and that was back when the target was 30,000 tons a year. Now the projection is 50,000 tons per year
Exciting time ahead”