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re: Diving deeper on Standard Lithium?
Posted on 7/5/23 at 9:00 am to Dock Holiday
Posted on 7/5/23 at 9:00 am to Dock Holiday
Still early, but so far the market is wrong on this one. Fine by me, I've got a nice cash influx coming early next week and will be upping my position here a good bit. I was worried this PR would have us over $5 by then (it still might)
Bringing on David Park is a great sign, that guy is legit and is not joining a scam or sinking company. Plus, his rolodex is probably worth 100x whatever they are paying him.
They set a DFS deadline, missed it, and released a PR explaining where they were at the day after the missed deadline. That's professional and accountable.
Nice little PR - selfishly hope the market waits to react til next Tuesday haha.
Bringing on David Park is a great sign, that guy is legit and is not joining a scam or sinking company. Plus, his rolodex is probably worth 100x whatever they are paying him.
They set a DFS deadline, missed it, and released a PR explaining where they were at the day after the missed deadline. That's professional and accountable.
Nice little PR - selfishly hope the market waits to react til next Tuesday haha.
1
Posted on 7/5/23 at 9:19 am to Fe_Mike
And just to add a bit of excitement in the form of completely baseless speculation that I hope sparks ridiculous, unfounded internet rumors...
This could be a sign that Koch is looking at a larger investment or possibly an acquisition. They are placing an executive at SLI (one who was already intimately involved in Koch/SLI dealings and, as such, his appointment at Standard likely would have been restricted by non-competes and had to be approved by Koch) as part of due diligence.
Park is getting behind the curtain on SLI's side to make sure all the ducks are in a row heading into the FID and construction phase. Then boom, $8B buyout. That's a wrap, jack.
This could be a sign that Koch is looking at a larger investment or possibly an acquisition. They are placing an executive at SLI (one who was already intimately involved in Koch/SLI dealings and, as such, his appointment at Standard likely would have been restricted by non-competes and had to be approved by Koch) as part of due diligence.
Park is getting behind the curtain on SLI's side to make sure all the ducks are in a row heading into the FID and construction phase. Then boom, $8B buyout. That's a wrap, jack.
This post was edited on 7/5/23 at 9:20 am
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