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re: Diving deeper on Standard Lithium?
Posted on 4/4/24 at 9:59 am to GREENHEAD22
Posted on 4/4/24 at 9:59 am to GREENHEAD22
quote:
If so the leases aren't worth anything and Exxon can just wait SLI out and pick them up when get forfeited due to lack of progress.
It wouldn't be a waiting game in this scenario.
The options (in the pro-case) are either SLI developing the project and being a competitor to Exxon or Exxon buying them out.
ETA: and to answer the lease question, I'm also unsure as to the obligations for development - haven't read the actual lease terms
This post was edited on 4/4/24 at 10:01 am
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