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Started By
Message
re: Diving deeper on Standard Lithium?
Posted on 5/11/23 at 10:41 am to bet84
Posted on 5/11/23 at 10:41 am to bet84
Favorable article from seeking alpha author Austin craig may 11,2023
Seeking alpha Austin Craig may 11, 2023
Seeking alpha Austin Craig may 11, 2023
quote:
Conclusion Given the strong cash position of Standard Lithium, favorable logistics, and lack of Federal permitting requirements, I find Standard to be very favorable with high odds of success. Glancing at the SEDAR filing from February, we can see the current cash to liabilities. Cash $107+ million CDN vs accounts payable and accrued liabilities of $4+ million CDN. It is very interesting to note they list "Asset under construction - Commercial plant." Burn rate was $8 million for the three months ending December 31, 2022. Another interesting note is interest income ($952k) should rise given rising interest rates which might offset some monthly burn rate. Lastly, the KOCH partnership gives this additional weight of long term success. For the patient investor willing to brave these economic short term pains, the long term payout could be very lucrative based on the long term EV/lithium outlook with Federal funding of projects and lithium industrial demand. The Texas discovery of lithium brine is a new development that may very well pan out. Short term focus is proving the Standard Lithium-KOCH DLE process works commercially and then we might see a ramp up as additional money flows in for project expansions.
This post was edited on 5/11/23 at 10:41 am
0
Posted on 5/11/23 at 10:41 am to bet84
(Delete) was beat to the punch!
This post was edited on 5/11/23 at 10:42 am
Posted on 5/11/23 at 11:08 am to Grassy1
Still in at around 40k.
Posted on 5/11/23 at 12:17 pm to jamiegla1
quote:
i think the people doing the DFS are the same people that have been studying the new bridge in baton rouge
Thats just a low blow.
I'm still adding every month with my Lending profits. At this point, why not, its only money. Elon will be tweeting about SLI by January and the Gov-ment will be hand out some free cash around then as well.
Then I can get back to buying Jetskies
Posted on 5/11/23 at 6:19 pm to Elusiveporpi
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”
“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”
Posted on 5/11/23 at 6:41 pm to LSUDMD
So let's just say I started a new job recently and it has brought me in circles with people very close to the situation. I will report back if and when I get some info.
Posted on 5/11/23 at 6:49 pm to GREENHEAD22
quote:
GREENHEAD22
Koch employee say what……
Posted on 5/11/23 at 8:23 pm to LSUDMD
post cant be taken seriously with 500 dollar share prediction
Posted on 5/11/23 at 8:49 pm to astonvilla
I have to admit, there for a minute… I did the calculation in my head: # shares x $500. But then I laughed at myself and came back to earth.
Posted on 5/11/23 at 8:54 pm to bet84
quote:
$500
One less zero is fine by me...
Posted on 5/11/23 at 9:02 pm to bet84
that would make sli one of the most valuable companies on earth.
This post was edited on 5/11/23 at 9:04 pm
Posted on 5/11/23 at 10:03 pm to Dock Holiday
quote:
One less zero is fine by me...
I’ll take 2 less zeros at this point (for a sustained period of time).
Posted on 5/12/23 at 10:12 am to LSUDMD
$500 shares seems like...
Posted on 5/12/23 at 10:39 am to GREENHEAD22
quote:
So let's just say I started a new job recently and it has brought me in circles with people very close to the situation. I will report back if and when I get some info.
Posted on 5/15/23 at 8:35 am to astonvilla
Are we there yet!
Posted on 5/15/23 at 10:02 am to Auburn1968
Even a Cramer jinx can't slow down this SLI rocket!
Posted on 5/15/23 at 11:41 am to SuperSaint
Posted on 5/15/23 at 12:09 pm to Shepherd88
nice positive write up
Posted on 5/16/23 at 12:51 am to Shepherd88
I have always been under the impression that SLI and a couple others are pioneering the DLE method here.
The article says South America and China have been doing it for years.....what am I missing?
Or did the writer mean that the DLE process used overseas was for another type of extraction?
The article says South America and China have been doing it for years.....what am I missing?
Or did the writer mean that the DLE process used overseas was for another type of extraction?
Posted on 5/16/23 at 5:34 am to Ballstein32
I think you are correct in the author not fully understanding the DLE method.
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