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re: Diving deeper on Standard Lithium?
Posted on 12/5/23 at 9:34 am to boomtapp
Posted on 12/5/23 at 9:34 am to boomtapp
What makes you think it’s a bad investment at $2.10 when the company is far closer to FID and commercial operations than it was when it was trading at $10? Seems like SLI is on the cusp of numerous developments (partnerships, offtake agreements, debt financing, a government grant, possibility of licensing DLE tech, FID, etc.) which seem highly likely to cause the price to go up.
Lithium prices are also depressed right now and unlikely to go lower, so even a partial retrace upward of lithium prices would have a positive effect on the stock price.
Lithium prices are also depressed right now and unlikely to go lower, so even a partial retrace upward of lithium prices would have a positive effect on the stock price.
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