Started By
Message

re: Diving deeper on Standard Lithium?

Posted on 11/11/21 at 1:53 pm to
Posted by SmackoverHawg
Member since Oct 2011
27389 posts
Posted on 11/11/21 at 1:53 pm to
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.
Posted by go ta hell ole miss
Member since Jan 2007
13686 posts
Posted on 11/11/21 at 5:39 pm to
quote:

I'm good. I would've felt even worse if it was great news and it skyrocketed and I didn't say anything.


Thanks for what you do, man. I’ve made some really good money on this play very largely as a result of work you and others added to this thread.

I am down on them for not providing more info or being more transparent, but the technology is there. I am certainly not down on them because you took some profit. Thanks
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram