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Started By
Message
re: Diving deeper on Standard Lithium?
Posted on 7/5/23 at 2:33 am to ev247
Posted on 7/5/23 at 2:33 am to ev247
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.
"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.
3
Posted on 7/5/23 at 8:17 am to ev247
quote:
Provides Feasibility Study Updates on Flagship Arkansas Projects
interesting that it's down 2% pre-market.
Posted on 7/5/23 at 8:53 am to ev247
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.
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 on 7/10/23 at 5:05 pm to ev247
quote:
- Lanxess DFS and Southwest Arkansas PFS are both expected to be complete "early third quarter 2023."
So mid-3Q 2023 is roughly 35 days away. One would imagine EARLY 3Q would be some time before that.... soooo
I'm more optimistic on them meeting this deadline since they just gave it a week ago. You'd think they're pretty confident on almost having it done if they only gave themselves a couple weeks
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