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re: Diving deeper on Standard Lithium?

Posted on 8/27/21 at 10:31 am to
Posted by Pendulum
Member since Jan 2009
7068 posts
Posted on 8/27/21 at 10:31 am to
Not gonna lie, I keep waiting for a pessimistic stance from Igoringa. Not to toot your horn, but you seem to be one of the few on the board that actually knows wtf they are talking about in my experience over the last 5 years or so of visiting the Money Talk frequently.
Posted by GrizzlyAlloy
Member since Aug 2020
1719 posts
Posted on 8/27/21 at 11:08 am to
quote:

Management has decent skin in the game, as Mintak, Robinson and Cross each hold 1–1.5 million shares, and each over 1 million options. In total, management and BoD hold about 4 million shares


This old article was a good read. It was interesting seeing the different milestones that needed to be reached and knowing that they were. We are on the last leg. I was trying to find something that would explain the delay in JV announcement.

Morgan Stanley has been bearish on lithium prices because they believe supply will outpace demand. The author thinks much under $10,000/ton is where the project loses viability.

https://www.streetwisereports.com/article/2019/09/25/standard-lithium-in-final-stages-of-de-risking-new-recovery-method-giant-jv-partner-lanxess-will-fully-fund-capex-when-successful.html
This post was edited on 8/27/21 at 11:18 am
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