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re: Diving deeper on Standard Lithium?
Posted on 10/1/20 at 10:36 am to Auburn1968
Posted on 10/1/20 at 10:36 am to Auburn1968
I've got 4000 shares.
I'm curious what the top end for this company is.
I'm curious what the top end for this company is.
Posted on 10/1/20 at 11:05 am to jimjackandjose
quote:
I've got 4000 shares.
I'm curious what the top end for this company is.
Based on the initial numbers on a 72 hour turn around and historic lithium concentrations at a max output of 20,000 tons lithium/year...maybe $10 based on lithium prices prior to COVID. But they have greatly reduced extraction time to just a few hours and the actually concentration of lithium in their brine proved to be higher on their two largest leases than initial estimates. They have about 3.8 million tons of lithium between theirs and Tetra leases without drilling new brine wells. If the turnaround proves to be that much shorter (I want to say like 6 hours but I'll have to look it up), they can basically produce as much as they want if global demand shoots up. Most encouraging for me is that they have far exceeded all expectations. They seem to under promise and over deliver. So, your question is one I've been trying to has out in my mind for the last 6 months!!! Not to mention other projects they have outside of Lanxess. Even the split with Lanxess is variable depending on certain metrics. Initial will be 75% Lanxess and 25% STHLF but can be 60/40 but I don't know what the contingencies are. Lanxess is footing the entire bill for the megaplant and all the Standard Lithium on site project employees work for Lanxess. Standard Lithium just had to fund the experimental and demo plant. It's a very unique set up. Basically almost all revenue for STHLF will be profit. But I can't get shite out of anybody here about it. They are tight lipped. There is ZERO local hype. To me, that's a good sign. But don't buy it based on my hunches and opinions!! But I welcome discussions on potential stock price even if some are based on assumptions and projections of lithium demand/prices.
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