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re: Diving deeper on Standard Lithium?

Posted on 2/3/24 at 8:10 pm to
Posted by ev247
Member since Nov 2022
406 posts
Posted on 2/3/24 at 8:10 pm to
Telescope Innovations Files Game-Changing Provisional Patent To Purify Battery Materials
Standard's R&D friends at Telescope seem to have found a more efficient (cheaper) way to get to lithium carbonate.

"[filed a patent for] a disruptive new technique to purify lithium carbonate, a critical mineral building block for lithium ion battery production and particularly for low-cost LFP battery chemistries."

"The current provisional application describes a single-step process that produces battery-grade, >99.9% lithium carbonate from crude material of 20-95% purity. This technology can dramatically reduce the requirement for pre-processing of crude lithium brine feeds, which conventionally accounts for up to 80% of refinement costs."

"The Company aims to deploy its intellectual property through partnership and licensing models in the battery materials industry, leveraging its established and productive relationships with Standard Lithium Ltd., Natural Resources Canada, and Canada’s Mining Innovation Commercialization Accelerator, among others."

Maybe someone with a grasp of the chemistry can chime in, but this seems like a potential big deal?

Per DFS, opex per ton at Phase 1A:
Electrical Power and Infrastructure 950
Reagents and Consumables 2,880
Maintenance and External Services 610
Workforce 1,930
Insurance 340
Miscellaneous Costs 100
Total Operating Cost 6,810
Sustaining Capital Expenditures [6] 580
All-in Operating Cost 7,390

How much might the Reagents and Consumables be reduced by such a breakthrough?

Could help Phase 1A. Probably won't help SWA since it is slated to produce lithium hydroxide instead of lithium carbonate. Don't think we know the plan yet for East Tx.
Posted by The Mick
Member since Oct 2010
43880 posts
Posted on 2/5/24 at 8:18 am to
SLI up 0.03 Friday...

Now I'm only down -61.39% !!!
Posted by SmackoverHawg
Member since Oct 2011
28157 posts
Posted on 2/5/24 at 8:24 am to
quote:

SLI up 0.03 Friday...

Now I'm only down -61.39% !!!


Mad Dog 20/20 and Velveeta party [ON] OFF
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2480 posts
Posted on 2/5/24 at 8:40 am to
-61.8%



Posted by bet84
Texas
Member since Jul 2021
103 posts
Posted on 2/5/24 at 1:29 pm to
The way I understand the relationship - Standard Lithium pays Telescope Innovations for Contract Research, but the IP belongs to Telescope Innovations and SLI will have only non-exclusive rights to the IP. I assume SLI will have to pay Telescope Innovations some fee for using the IP?

I hope SLI has some sort of advantage, given they paid for the contract research and Mintak and Robinson sit on the BOD of Telescope.
Posted by NOLAGT
Over there
Member since Dec 2012
13649 posts
Posted on 2/5/24 at 4:01 pm to
-83.43 here...yea I got in late

Thinking about averaging down at this point
Posted by KCRoyalBlue
Member since Nov 2020
1243 posts
Posted on 2/5/24 at 10:09 pm to
Down around 73%.

Sigh.
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2480 posts
Posted on 2/6/24 at 7:53 am to
Piedmont lays off 27% of workforce due to current lithium market.

From reuters
Posted by kengel2
Team Gun
Member since Mar 2004
31962 posts
Posted on 2/6/24 at 8:07 am to
Took my loss and dumped it into nvda.

Seems like we have plenty of time to jump back into sli.
Posted by FMtTXtiger
Member since Oct 2018
4113 posts
Posted on 2/6/24 at 9:26 am to
i think we get a bounce to the 1.70 range
Posted by SwampCollie
Louisiana
Member since Nov 2018
247 posts
Posted on 2/6/24 at 9:32 am to
quote:

Took my loss and dumped it into nvda.


SLI +13.5%
NVDA -2.2%


Usually how it goes for me, too


BTW - I rode this turd from $0.70s to $12 and back to present, unfortunately adding to my position. Was up $60K at one point
This post was edited on 2/6/24 at 10:20 am
Posted by Auburn1968
NYC
Member since Mar 2019
21592 posts
Posted on 2/6/24 at 11:24 am to
quote:

quote:
Took my loss and dumped it into nvda.


SLI +13.5%
NVDA -2.2%


Usually how it goes for me, too


There are a lot of headwinds in the lithium market now.

The concern that America is almost entirely dependent on China for lithium and lithium batteries is one of the few potential boosts at the moment. All of the auto manufacturers rushing to the EV door at the same time looks like a Three Stooges skit.



Usually how it goes for me, too [/quote]


Haven't had a PR release since Jan 24.

Posted by ev247
Member since Nov 2022
406 posts
Posted on 2/6/24 at 12:02 pm to
Got ourselves a cliffhanger from the Magnolia Reporter today

"There may be another major energy company that will get involved in South Arkansas lithium. We salute them."

That's all it says
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2480 posts
Posted on 2/6/24 at 12:28 pm to
This? Pantera



Hardly a major energy company.
Posted by ev247
Member since Nov 2022
406 posts
Posted on 2/6/24 at 12:40 pm to
Doubtful, Pantera got involved months ago

From August
This post was edited on 2/6/24 at 12:43 pm
Posted by deltaland
Member since Mar 2011
93805 posts
Posted on 2/7/24 at 11:54 am to
quote:

83.43 here...yea I got in late Thinking about averaging down at this point



Posted by jamiegla1
Member since Aug 2016
7237 posts
Posted on 2/7/24 at 12:19 pm to
isnt the final stage "im riding this thing into the ground!"
Posted by Drunken Crawfish
Member since Apr 2017
3848 posts
Posted on 2/8/24 at 10:28 am to
Q2 report for FY24 released today.

Hadn't had time to look, but I share Mintak's optimism:

quote:

"In 2023, the lithium sector has been under pressure, with lithium prices experiencing a significant decrease from the all-time highs seen in 2022, a situation compounded by the prevailing interest rate environment and other macroeconomic factors," says Robert Mintak, CEO and Director of Standard Lithium. "Despite the industry-wide market challenge, the long-term fundamentals for lithium continue to be strong, particularly for projects situated in geopolitically stable regions such as the United States, where policy support and other key strategic advantages are enabling for project differentiation.
Posted by Elusiveporpi
Below I-10
Member since Feb 2011
2600 posts
Posted on 2/8/24 at 10:38 am to
quote:

Cash and equivalents and working capital of Ca$15.8 million and Ca$5.7 million, respectively, as of second fiscal quarter end, and in combination with the prudent and strategic use of our at-the-market offering program as a tool to fund any short term financing needs, are expected to sustain the Company through the 2024 fiscal year.


Getting low on funds................ If the plant wouldnt be built and profitable until 2026, where does the money come from to spand the 2 years.
Posted by Shepherd88
Member since Dec 2013
4694 posts
Posted on 2/8/24 at 11:17 am to
Yea they’re gonna be banking on Ira grant money hard. But even that is going to be just a lifeline to buy them time. Hopefully it pays off.
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