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re: Diving deeper on Standard Lithium?
Posted on 11/11/21 at 12:34 pm to Nguyener
Posted on 11/11/21 at 12:34 pm to Nguyener
Listening to Smack the last few days, I have to wonder if he decided that he needed to lower expectations to take a little pressure off of himself.
He admitted to being overly optimistic prior to last week, and felt the disappointment for himself, and no doubt, somewhat for all of us.
When he chose to do that, I think some took that as a sign to get out, along with a dip. So a few jumped out, which is fine too. Relieve themselves, and him too.
I wonder if this will cause him to be less sharing about his daily observations in his town.
ETA: As discussed, we pretty much brought the expectations of last week upon ourselves. This was no indication from Lanxess or Mintak.
He admitted to being overly optimistic prior to last week, and felt the disappointment for himself, and no doubt, somewhat for all of us.
When he chose to do that, I think some took that as a sign to get out, along with a dip. So a few jumped out, which is fine too. Relieve themselves, and him too.
I wonder if this will cause him to be less sharing about his daily observations in his town.
ETA: As discussed, we pretty much brought the expectations of last week upon ourselves. This was no indication from Lanxess or Mintak.
This post was edited on 11/11/21 at 12:37 pm
Posted on 11/11/21 at 12:44 pm to Grassy1
I think his knee has him down also, in an immobilizer, pain and upcoming surgery.....and as he said HUNTING SEASON!.....We love his input and knowledge....will let him say for his self, but man do those patella tears hurt!
Heck now Im speculating on Smack and this stock! lol
Heck now Im speculating on Smack and this stock! lol
This post was edited on 11/11/21 at 12:45 pm
Posted on 11/11/21 at 1:53 pm to Grassy1
quote:
Listening to Smack the last few days, I have to wonder if he decided that he needed to lower expectations to take a little pressure off of himself.
He admitted to being overly optimistic prior to last week, and felt the disappointment for himself, and no doubt, somewhat for all of us.
I was actually more disappointed for you guys than me. I actually like others to do well and I try not to get overly optimistic. It was speculation and I was wrong. I'll still share my observations and what I hear. Each person is free to do with it as they may.
I'm good. I would've felt even worse if it was great news and it skyrocketed and I didn't say anything.
Lanxess is still on board.
There have been delays and cash flow issues, but nothing that isn't fixable, it has just delayed things.
I don't know the terms of Lanxess and SLI's agreement but I would think that Lanxess would want priority over Tetra project. I am speculating that this could allow SLI to ramp up work at Tetra site, if they can get funding, without risking relationship with Lanxess. I still think the Lanxess site is superior to Albermarle for a variety of reasons. Albermarle went with a different company for DLE and failed miserably. Only recently have they dipped their toes back in the water after spending billions on traditional, environmentally horrible lithium projects.
I also felt like I should divulge that I did sell some shares and why. I promised I would and I did. I did it in small batches over several days and only sold into rallies. I still have 6 figure share cache. I could've cashed it all in and retired instantly in the $12 range.
I'm pretty thick skinned. No hurt feeling here.
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