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Message
re: Diving deeper on Standard Lithium?
Posted on 11/11/21 at 1:53 pm to Grassy1
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.
Posted on 11/11/21 at 5:39 pm to SmackoverHawg
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
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