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Posted on 6/30/23 at 6:18 pm to kengel2
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.
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.
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