- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Diving deeper on Standard Lithium?
Posted on 1/16/24 at 8:44 pm to ev247
Posted on 1/16/24 at 8:44 pm to ev247
This explains why they have kept saying 1H 2024 for the FID. I thought that seemed like an unnecessarily long time between completion of the DFS/FEED and FID, but it makes sense now knowing it’s dependent the royalty determination.
1
Posted on 1/17/24 at 8:59 am to Beerinthepocket
There’s no situation where a stock drops
So low that you actually owe money, correct?
Will have to bring that up next time the wife asks how that lithium stock is doing
So low that you actually owe money, correct?
Will have to bring that up next time the wife asks how that lithium stock is doing
Posted on 1/17/24 at 10:52 am to Ron Cheramie
quote:
There’s no situation where a stock drops
So low that you actually owe money, correct?
Since I hold shares, I'm sure there's a way.
Posted on 1/17/24 at 11:01 am to SmackoverHawg
Somebody bring Mike his notes 
This post was edited on 1/17/24 at 12:14 pm
Posted on 1/17/24 at 12:32 pm to ev247
See the Albemarle news? Cutting staff pausing expansion due to lithium prices
Posted on 1/17/24 at 12:42 pm to ev247
Haha - bad timing for a freeze to keep me out of the office.
There really wasn't much more interesting to report though.
They're still trying to avoid dilution as much as possible for Phase 1 capital. Duh.
Prepays for offtake agreements are still apparently a strong possibility even at current prices. Couldn't get her to talk about partnerships much at all.
They're seeking a particular government loan that could be as much as $150 million at a 3-4% interest rate which would be great.
Shelf offering is being dipped into slowly to fund day-to-day ops and potentially more SWA/ETX engineering. Obviously we saw the start of that with the last filing.
There really wasn't much more interesting to report though.
They're still trying to avoid dilution as much as possible for Phase 1 capital. Duh.
Prepays for offtake agreements are still apparently a strong possibility even at current prices. Couldn't get her to talk about partnerships much at all.
They're seeking a particular government loan that could be as much as $150 million at a 3-4% interest rate which would be great.
Shelf offering is being dipped into slowly to fund day-to-day ops and potentially more SWA/ETX engineering. Obviously we saw the start of that with the last filing.
Posted on 1/17/24 at 1:15 pm to Fe_Mike
Just sold the rest of my shares at a huge loss. What a shitty investment
Posted on 1/17/24 at 1:31 pm to Fe_Mike
What is your plan to do with your shares Mike and Smack. You guys giving up and cutting loss?
This post was edited on 1/17/24 at 1:32 pm
Posted on 1/17/24 at 1:43 pm to Fe_Mike
quote:
Shelf offering is being dipped into slowly to fund day-to-day ops
Wasn’t it a few weeks ago they were still making executive hires?
Posted on 1/17/24 at 2:19 pm to LSUSLU106
quote:
What is your plan to do with your shares Mike and Smack. You guys giving up and cutting loss?
I'm going to wait for the earnings call, just in case. I do not expect Mintak to say anything that is going to greatly change my opinion, though. I'll start selling some after the earnings call. Not going to totally exit, but will reduce by a good amount with the intent to buy back in once we are closer to an actual decision on a project.
Still like the company, but much more risk now with these low lithium prices. Have to adjust accordingly, and also try to take the 'opportunity' to improve my cost basis by buying back in later.
Posted on 1/17/24 at 6:58 pm to LSUSLU106
quote:
What is your plan to do with your shares Mike and Smack. You guys giving up and cutting loss?
Holding.
Posted on 1/17/24 at 7:02 pm to SmackoverHawg
Just don’t let pride of ownership cause you to go out like the “brave” knight.
Posted on 1/17/24 at 7:13 pm to Jag_Warrior
I sold half my holdings today and put them elsewhere. I'll reconsider buying back in closer to April if that's closer to when the FID and potential royalty gets determined.
I can't forsee sli making a significant jump in the interim as assumingly there won't be any positive PR to be had unless they announce the federal grant. Additionally, given the market is tepid on lithium right now. So if anything I wouldn't be surprised if there's a further drop between now and April and possibly I'll buy back in lower than what I sold. But we'll see.
I can't forsee sli making a significant jump in the interim as assumingly there won't be any positive PR to be had unless they announce the federal grant. Additionally, given the market is tepid on lithium right now. So if anything I wouldn't be surprised if there's a further drop between now and April and possibly I'll buy back in lower than what I sold. But we'll see.
Posted on 1/17/24 at 7:15 pm to Fe_Mike
Interesting that she wouldn't talk partnerships after being willing to throw out "household name" teasers before. Hm
Glad to hear about the possible gov loan though.
I don't plan to sell any until at least April. I may be crazy but I like the coincidence that they expect a royalty decision in April right after the grant decision in March. Also can't imagine how a partnership could happen until you know if your royalty rate is 2% or 12%. Who would agree to anything while that's unknown?
Either way, will royalty/grant/partnership/FID news in Q2 excite the market enough to get us back to a safe (far above $1) share price while we wait out construction until 2026?
Glad to hear about the possible gov loan though.
I don't plan to sell any until at least April. I may be crazy but I like the coincidence that they expect a royalty decision in April right after the grant decision in March. Also can't imagine how a partnership could happen until you know if your royalty rate is 2% or 12%. Who would agree to anything while that's unknown?
Either way, will royalty/grant/partnership/FID news in Q2 excite the market enough to get us back to a safe (far above $1) share price while we wait out construction until 2026?
Posted on 1/18/24 at 7:15 am to ev247
quote:
Either way, will royalty/grant/partnership/FID news in Q2 excite the market enough to get us back to a safe (far above $1) share price while we wait out construction until 2026?
I think that's a safe bet.
The biggest risk right now is not the technology or the long term demand, it's simply the current lithium price and the fact that SLI is pre-revenue and trying to fund their first projects.
If SLI comes through with enough funding to get them through the lithium rough patch and start up construction, I think that eliminates a ton of risk and the stock price/valuation will settle in nicely while we wait. Their problem is getting the cash to keep going - once they've got the cash, via partnership, loan, grant, dilution whatever - they are good.
So yeh, the big risk is just when does that happen. They have so many institutional investors right now that they'll have to do an RS to avoid delist if they get below $1. Can they hold $1 til decisions are made? Maybe. Can they negotiate offtake agreements with lithium prices this low? Maybe. Can they get someone to partner up with them? Maybe.
Whole bunch of maybes.
Still like the play and honestly wish I could start buying now and just average down over the next few months.
Unfortunately, I'm way overleveraged and with what I consider the increased risk, I have to start decreasing this position soon.
Posted on 1/18/24 at 8:08 am to Fe_Mike
There's been too many let downs from SLI, the biggest to me being how innovative they were supposed to be, only to use Koch's tech for the DFS. My gut says Mintak put all his eggs into the partnership/ buyout basket and he failed to deliver the goods. I don't see this staying above 1$ barring any partnership or other positive funding news. When this stock was first pitched here, they were protected by patents on their innovative Lithium DLE, which we now know isn't as wide a moat as was pitched at the time. I don't see the ship righting any time soon and would love to see Mintak tossed overboard so I can short the company he washes up at.
Posted on 1/18/24 at 8:10 am to Fe_Mike
quote:
Unfortunately, I'm way over leveraged and with what I consider the increased risk, I have to start decreasing this position soon.
Ditto, and going back to Mintak, de risking has been his favorite word even while his leadership has created the opposite. Getting rid of him would salve my wounds for awhile.
Posted on 1/18/24 at 10:35 am to Wraytex
SLI is first in DLE. However, there are many who don't really believe the proofs of concept from three years ago.
Again, the biggest thing they can do is to produce finished lithium even if they have to stockpile it until the royalties are settled. Then have a weekly or monthly audit of the amount and quality produced by an independent expert.
That would put more than yak yak into the PR equation.
Again, the biggest thing they can do is to produce finished lithium even if they have to stockpile it until the royalties are settled. Then have a weekly or monthly audit of the amount and quality produced by an independent expert.
That would put more than yak yak into the PR equation.
Posted on 1/18/24 at 3:34 pm to Fe_Mike
quote:sucks being in this boat watching it drop another 10% in a single day today. 5% & 10% drops daily. Can’t even average down like you said or I’m just piling on more risk
Still like the play and honestly wish I could start buying now and just average down over the next few months.
Unfortunately, I'm way overleveraged and with what I consider the increased risk, I have to start decreasing this position soon.
my position is so large that all I could do was decrease it by 25%. If I hadn’t already been so overleveraged I’d definitely make a speculation play at these prices. Can’t do anything but pray for a rebound now though
Posted on 1/18/24 at 3:55 pm to Who_Dat_Tiger
I thought I screwed up selling at $9.25. I really screwed up buying some back at the $7 Koch price. I've followed this thread since page 1, but I might forget about SLI and check my ROTH when I retire in 30 years.
This post was edited on 1/18/24 at 3:57 pm
Page 872 of 899
Popular
Back to top
Follow TigerDroppings for LSU Football News