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re: Diving deeper on Standard Lithium?

Posted on 3/5/24 at 7:46 am to
Posted by Pierre
Baton Rouge
Member since Nov 2005
5289 posts
Posted on 3/5/24 at 7:46 am to
quote:

Just waiting for the royalty hearing on 4/23 to pass, myself


You think that will be a big catalyst? Is I anyone buying into it?
Posted by ev247
Member since Nov 2022
322 posts
Posted on 3/5/24 at 8:35 am to
I think it’s in the way of possible catalysts-partnerships, financing, construction more than it being a catalyst itself
Posted by Beerinthepocket
Dallas
Member since May 2011
856 posts
Posted on 3/5/24 at 1:17 pm to
Does anyone have any insight regarding whether the commission could do something screw SLI like landing on a 10% royalty rate? Smack, any word on the street about that? I’m sure XOM would be able to handle that, but it could squeeze out the smaller players like SLI who are more reliant on the economics to make their business viable
Posted by SmackoverHawg
Member since Oct 2011
27381 posts
Posted on 3/5/24 at 5:33 pm to
quote:

Does anyone have any insight regarding whether the commission could do something screw SLI like landing on a 10% royalty rate? Smack, any word on the street about that? I’m sure XOM would be able to handle that, but it could squeeze out the smaller players like SLI who are more reliant on the economics to make their business viable



XOM has offered landowners 10% or what the commission decides, whichever is higher. To my knowledge, no commissioner had seen this in writing. That's why they asked to see contracts that had been paid and not "promised". I believe they'll settle on a lower price. They are frustrated they no one will give them a price of production, but as I told 2 of them, they may not know exactly. This is not just SLI. This is XOM, SLI and Albermarle. They understand that you can't kill the development of the resource with royalties. They want SLI to succeed. We all think XOM is trying to hurt the others with their "promises". I'm thinking 6% high end. I'd be surprised at any higher and gave quite a long dissertation on why it should be lower and perhaps revisited every 5 years until the industry matures.
Posted by Auburn1968
NYC
Member since Mar 2019
19775 posts
Posted on 3/6/24 at 9:14 am to
quote:


I miss the Lambo days in here.


These are the Ripple days.
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2020 posts
Posted on 3/6/24 at 9:33 am to
More like the EZ Go days for me.
Posted by Fe_Mike
Member since Jul 2015
3154 posts
Posted on 3/6/24 at 12:50 pm to
quote:

Just waiting for the royalty hearing on 4/23 to pass, myself


Same. Just checking the price on occasion to make spot buys and start building the position back up as we get closer to end of April.

Every indication is that nothing can happen prior to the hearing so not much anyone can do or find out til then.
Posted by ev247
Member since Nov 2022
322 posts
Posted on 3/6/24 at 1:25 pm to
The one thing I thought might happen before the royalty is grants, but the earnings call indicates that we shouldn't expect anything significant there until well after the April royalty hearing (if they get grants at all, of course)
So I'm not expecting anything at all until the April hearing now.

Posted by jamiegla1
Member since Aug 2016
7016 posts
Posted on 3/6/24 at 3:48 pm to
this thread is starting to feel like a VFW hall
Posted by nsudemon10
EBRP
Member since Dec 2010
572 posts
Posted on 3/7/24 at 7:32 pm to
Bump
Posted by SmackoverHawg
Member since Oct 2011
27381 posts
Posted on 3/7/24 at 8:14 pm to
quote:

nsudemon10


Am I the only one who see nudemom10 when they first look at username?
Posted by RedMustang
Member since Oct 2011
6851 posts
Posted on 3/8/24 at 7:25 am to
First positive article I’ve seen on SLI in a long time.

Standard Lithium (SLI)

Lithium element on the periodic table. Top-rated lithium stocks
Source: tunasalmon / Shutterstock
The big correction in lithium has translated into deep undervaluation for lithium stocks. I believe that this is a good opportunity to accumulate for the long term. Standard Lithium (NYSE:SLI) looks attractive among penny stocks with a correction of almost 70% in the last 12 months.

It’s worth noting that the Company currently commands a market valuation of $210 million. As compared to this, Standard Lithium’s key asset (South West Arkansas Project) has an after-tax net present value of $4.5 billion. If other assets are included, the NPV will be more than $5 billion. This puts into perspective the extent of undervaluation.

Of course, these assets make sense only when commercialized. I am optimistic on the financing front once the trend for lithium reverses. The Company has already advanced the South West Arkansas Project with the selection of selection of Ausenco Engineering Canada for definitive feasibility study and front-end engineering and design services.

LINK
Posted by Auburn1968
NYC
Member since Mar 2019
19775 posts
Posted on 3/12/24 at 8:19 am to
diving deep on the second page. bump.
Posted by jamiegla1
Member since Aug 2016
7016 posts
Posted on 3/12/24 at 8:45 am to
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
17093 posts
Posted on 3/12/24 at 8:56 am to
The fluctuations at this stage are traders gambling every day
Posted by jmarto1
Houma, LA/ Las Vegas, NV
Member since Mar 2008
34093 posts
Posted on 3/12/24 at 9:04 am to
Not being ugly but why is everyone sticking with this?
Posted by JDPndahizzy
JDP
Member since Nov 2013
6451 posts
Posted on 3/12/24 at 9:33 am to
quote:

Not being ugly but why is everyone sticking with this?


Because we got in on the pump, but totally missed the dump.. Now we can't afford to get out. It's right there with my WKHS, RIDE and AMC.. Some people are DEEP into this shite stock.
Posted by jmarto1
Houma, LA/ Las Vegas, NV
Member since Mar 2008
34093 posts
Posted on 3/12/24 at 9:50 am to
Damn bro
Posted by JDPndahizzy
JDP
Member since Nov 2013
6451 posts
Posted on 3/12/24 at 10:26 am to
quote:

Damn bro


Sorry.. I'm doing taxes today and in a mood.
Posted by deltaland
Member since Mar 2011
90925 posts
Posted on 3/12/24 at 2:19 pm to
At least you can write off your SLI losses
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