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re: Diving deeper on Standard Lithium?
Posted on 4/8/24 at 6:37 pm to Shepherd88
Posted on 4/8/24 at 6:37 pm to Shepherd88
If feel like the AOGC is the real hindrance in everything right now.....
This post was edited on 4/8/24 at 6:39 pm
Posted on 4/9/24 at 6:41 pm to Ballstein32
quote:
If feel like the AOGC is the real hindrance in everything right now.....
Very much so. SLI is the only company being asked to produce numbers because they are the only ones that have produced shite. I can see where they'd let share price slide and play it down prior to royalties being set. If they release some great numbers...royalties skyrocket and kill future profits. Catch 22. I'm holding. As a shareholder, I'd rather them play the long game to get lower royalties than to protect share price at the current time. I don't care where it is now, but where it will be 5 year from now.
I'm certainly not saying this is what's happening, but it's bullshite that they are being called out by the commission for not releasing data when no one else has data to release. I know several of them and discussed this at length. I say 3% and revisit it in 10 years once the projects are developed and had time to recoup investments. They are currently trying to set royalties on an industry that don't exist. Dumbass landowners are going to end up with shite.
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