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re: Diving deeper on Standard Lithium?

Posted on 6/29/23 at 1:51 pm to
Posted by Grassy1
Member since Oct 2009
6258 posts
Posted on 6/29/23 at 1:51 pm to
Trust me, that's not all I've forgotten!

thanks!
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3110 posts
Posted on 6/30/23 at 10:32 am to
In case Robert hasn't checked the board lately...

Posted by Auburn1968
NYC
Member since Mar 2019
19717 posts
Posted on 6/30/23 at 10:35 am to
Even in the film and media business, missing deadlines creates unemployment.

Posted by jamiegla1
Member since Aug 2016
7014 posts
Posted on 6/30/23 at 3:04 pm to
Well, another deadline missed

Posted by Pendulum
Member since Jan 2009
7057 posts
Posted on 6/30/23 at 4:25 pm to
I still have never been able to shake off that first blue orca short report where it pointed out all these odd details about Mintak, like the fact his last foray was in a movie production company etc. It indicated he's been involved in pump and dumps before.

It shook my confidence; but then like 2 or 3 weeks later if I recall, Koch gave them 100 million. It made no sense.

Kind of been paralyzed ever since, haven't bought or sold much.

This post was edited on 6/30/23 at 4:26 pm
Posted by jamiegla1
Member since Aug 2016
7014 posts
Posted on 6/30/23 at 5:04 pm to
One thing I learned from all of this is that I really sell myself too short. If Mintak can pull that off, I could at least get a promotion
Posted by jamiegla1
Member since Aug 2016
7014 posts
Posted on 6/30/23 at 5:07 pm to
Maybe he’s being dramatic and saving it for an Independence Day celebration?
Posted by ev247
Member since Nov 2022
317 posts
Posted on 6/30/23 at 5:21 pm to
Let's not forget that not only is the Lanxess DFS late, the SWA PFS was also expected in this 1H 2023. I wonder if they'll roll them out together.

Also still mildly curious why this happened in the annual general meeting

Anthony Alvaro

% Votes For: 55.98%

% Votes Against: 44.02%
Posted by kengel2
Team Gun
Member since Mar 2004
30924 posts
Posted on 6/30/23 at 6:07 pm to
It's a legit concern and I don't have a tiny portion compared to some of you.
Posted by jamiegla1
Member since Aug 2016
7014 posts
Posted on 6/30/23 at 6:18 pm to
I only have a tiny bit, as well. Probably a bad move on my part but I dropped a significant portion of my "play money" in SLI.

It is a concern. On the surface, the pilot plant itself looks to be legitimate. They appear to be able to remove lithium from a waste stream. But they havent shown any evidence of their legitimacy. Compared to other juniors, they cant even post an image of a Super Sack full of lithium carbonate. It's all just "trust me". Lots of conferences. But they miss every damn deadline.

This was a valuable learning experience for me. I will never invest in a company like this again. It's just fancy gambling.
Posted by BuckyCheese
Member since Jan 2015
49850 posts
Posted on 6/30/23 at 6:27 pm to
Koch's investment is the main reason I've taken a chance on this. Of course $100 million for them is not much more than a fart in a hurricane.

If a shinier penny comes along I'll likely move.
Posted by LSUDMD
Bluff Park
Member since Feb 2007
37 posts
Posted on 6/30/23 at 6:44 pm to
When my money is involved, I tend to have a short memory. I have also been watching for an announcement and am disappointed we didn’t get one today. But that doesn’t mean it’s time to panic…we’ve seen this before, repeatedly. If nothing else, these guys are methodical and precise in their progressions. There may very well be a finished study to report on that is still not public , or it may not be ready yet. But to my ignorant mind most everything to this point has been positive, if a bit on the slow side. This is a huge deal, and I am OK with them taking a “check twice (or 3 times), cut once” approach
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2016 posts
Posted on 6/30/23 at 6:50 pm to
So we need an alert triggered by a 100 million dollar sale. Outside of that, don't mind waiting.
Posted by Auburn1968
NYC
Member since Mar 2019
19717 posts
Posted on 7/1/23 at 10:43 pm to
SLI just blew another deadline.
That sucks.
Posted by Beerinthepocket
Dallas
Member since May 2011
856 posts
Posted on 7/2/23 at 10:11 am to
Blame Koch, they’re the ones doing the DFS/FEED.
Posted by ev247
Member since Nov 2022
317 posts
Posted on 7/5/23 at 2:33 am to
Fresh PR

"Standard Lithium Enhances Leadership with Appointment of David Park as Senior Strategic Advisor"
&
"Provides Feasibility Study Updates on Flagship Arkansas Projects"

Cliffs:

- The new Strategic Advisor is recently retired after 28 years with the division of Koch that invested the $100M into Standard. He was the president there when he retired.

- Lanxess DFS and Southwest Arkansas PFS are both expected to be complete "early third quarter 2023."

- Only holdup mentioned for Lanxess DFS is "final vendor pricing."

- Only holdup mentioned for SWA PFS is "third-party analytical data" verifying the brine samples that Standard has already finished analyzing.

In my estimation, we ridin.
Posted by Dock Holiday
Member since Sep 2015
1641 posts
Posted on 7/5/23 at 8:17 am to
quote:

Provides Feasibility Study Updates on Flagship Arkansas Projects


interesting that it's down 2% pre-market.
Posted by Shepherd88
Member since Dec 2013
4592 posts
Posted on 7/5/23 at 8:53 am to
Does anyone know any background besides what’s given on this David Park? Would he take this advisory role if things weren’t looking positive?

I honestly don’t know how to interpret this. I could see it being good or bad.
This post was edited on 7/5/23 at 8:56 am
Posted by jimjackandjose
Member since Jun 2011
6500 posts
Posted on 7/5/23 at 8:59 am to
Probably a good fit without COI. Has tons of experience and a way Koch can maintain eyes on their investments
Posted by Fe_Mike
Member since Jul 2015
3154 posts
Posted on 7/5/23 at 9:00 am to
Still early, but so far the market is wrong on this one. Fine by me, I've got a nice cash influx coming early next week and will be upping my position here a good bit. I was worried this PR would have us over $5 by then (it still might)

Bringing on David Park is a great sign, that guy is legit and is not joining a scam or sinking company. Plus, his rolodex is probably worth 100x whatever they are paying him.

They set a DFS deadline, missed it, and released a PR explaining where they were at the day after the missed deadline. That's professional and accountable.

Nice little PR - selfishly hope the market waits to react til next Tuesday haha.
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