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re: Diving deeper on Standard Lithium?

Posted on 8/1/23 at 9:32 am to
Posted by ThermoDynamicTiger
Baton Rouge
Member since Jul 2008
1289 posts
Posted on 8/1/23 at 9:32 am to
I'm not saying I'm not nervous, but Honestly, it feels like SLI is wrapped up in all of this. They have been specifically tailoring their process for Smackover brine. I don't really hear much about any other DLE companies with these news reports.
Posted by LSUSLU106
Member since Mar 2015
536 posts
Posted on 8/1/23 at 9:44 am to
I have not done the extensive research as some on here but check this board often. To me it seems like to much going on in the area around them all of sudden and for them not to have something going on. Only time will tell though...
Posted by Neauxla_Tiger
Member since Feb 2015
1889 posts
Posted on 8/1/23 at 9:47 am to
Well, depending on the definition of "early 3Q," we're either late on reporting the DFS (again), or we've got 2 more weeks before the halfway mark of 3Q, at which point it is most definitely no longer "early 3Q"

Mid $4s have been resistance for almost a year now. A good PR could finally push us past that and next resistance isn't until mid $6s. If we can finally break the 4s it'll look like we've got a cup and handle pattern forming on the 5 year chart.
Posted by bet84
Texas
Member since Jul 2021
103 posts
Posted on 8/1/23 at 10:16 am to
Mintak mentioned possible partnership with an energy company at the Jan 6 EV conference but Exxon and Tetra have obviously not made a final decision on the DLE process yet. I have looked more closely at IBAT but my bet is still on SLI . I think we are at the tipping point for info regarding lithium extraction from the Smackover formation. Wishing everyone much success as the final decisions and reports are released.
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