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re: Diving deeper on Standard Lithium?

Posted on 11/10/21 at 8:15 am to
Posted by LChama
Member since May 2020
1702 posts
Posted on 11/10/21 at 8:15 am to
This is when it spikes up out of nowhere
Posted by Black n Gold
Member since Feb 2009
15425 posts
Posted on 11/10/21 at 8:26 am to
I'm holding. Will likely be under $10 by lunch and back up closer to $11 by EOD.
Posted by SmackoverHawg
Member since Oct 2011
27389 posts
Posted on 11/10/21 at 8:30 am to
quote:

This is when it spikes up out of nowhere


Don't think we're quite there yet. I think it goes lower before we rebound unless they release some good news. Mintak has been fundraising and if he does the shelf offering, I have a feeling it'll much like last time where the shares will already be spoken for and won't drop the price that much. It could since it is a larger offering, but I'll guarantee there are investors clamoring to get in.

Best thing they could do is get the Tetra project started if they can get funding. If Tetra is smart, they're working on a JV themselves with SLI. The Lanxess deal is going to happen, but there have been some set backs, mainly COVID, but Lanxess is on board. That's why I say I'm still bullish long term. And long term may not be that long. The earning call or some sort of positive
PR could reverse the course.
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