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re: Diving deeper on Standard Lithium?

Posted on 7/8/21 at 3:47 pm to
Posted by igoringa
South Mississippi
Member since Jun 2007
11902 posts
Posted on 7/8/21 at 3:47 pm to
Probably still the 13th.... this just means the SEC did not object to anything with the listing.
Posted by jimjackandjose
Member since Jun 2011
6640 posts
Posted on 7/8/21 at 4:01 pm to
I cant believe I am FOMOing on a stock that makes up over 60% of my portfolio
Posted by Fe_Mike
Member since Jul 2015
3562 posts
Posted on 7/8/21 at 4:03 pm to
Actual closing price is $4.70.

Don’t worry about that 4.41 price, it only reflects some trades made earlier in the day.
Posted by Tower_Tiger12
Member since Jan 2021
985 posts
Posted on 7/8/21 at 4:03 pm to
It’s old to us, but is going to be new to a lot more people
Posted by tigerfoot
Alexandria
Member since Sep 2006
59139 posts
Posted on 7/8/21 at 4:09 pm to
quote:

Meme action to get us to 50 or 60 fine
I would never see 50. That bastard runs to 20.....sell, sell, sell, sell......unless there is some MuskMagic going on. Then I may only sell half.
This post was edited on 7/8/21 at 4:23 pm
Posted by jimjackandjose
Member since Jun 2011
6640 posts
Posted on 7/8/21 at 4:16 pm to
Market cap at 20 is not that unreasonable considering expected demand, tax breaks, and increased cost of lithium
Posted by Fe_Mike
Member since Jul 2015
3562 posts
Posted on 7/8/21 at 4:16 pm to
If it’s Musk tweet, meme based I’m with you. If this things runs to $20+ basically overnight I’m cutting my position by at least half, probably more.

However, if we’re talking organic growth over the next decade, I’ll definitely still be around at $40-50

Which is why I’m in the “no meme treatment” camp. At least for now.

If Elon Musk tweets “check out all the great things SLI is doing; would love to partner with a company like that” tomorrow, I probably won’t be mad haha.
Posted by Fe_Mike
Member since Jul 2015
3562 posts
Posted on 7/8/21 at 4:20 pm to
Market cap at $20 for SLI right now is unreasonable. They would have to expand to justify that price. Just being honest.

I’m not sure what to value their extraction technology at but I don’t think it’s high enough to justify $2 billion plus market cap.
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3179 posts
Posted on 7/8/21 at 4:21 pm to
If Musk tweets something positive, hold on to your hats baws, we going to the moon. I'm thinking we could see a 4X or 5X kind of day if that happens...and higher if a Tesla partnership of some kind is announced. I'd sell everything and buy it back after the hype died down.
Posted by jimjackandjose
Member since Jun 2011
6640 posts
Posted on 7/8/21 at 4:26 pm to
I didnt note a time frame

Tomorrow yes

2 years from now. Not at all
Posted by PotatoChip
Member since May 2014
4216 posts
Posted on 7/8/21 at 4:37 pm to
SLI is way farther along than some of those hydrogen stocks that ran so hard. I feel like it doubling/tripling in price in the next few months isn’t unreasonable although unlikely. I feel like this will eventually be a $4+ billion cap over the next few years. It’s definitely a long term hold for me. It would have to shoot up to $40 on meme mania or something for me to consider selling before all the information is out there.
Posted by Fe_Mike
Member since Jul 2015
3562 posts
Posted on 7/8/21 at 4:51 pm to
We were talking about if it hit $20 overnight on a meme stock type run.
Posted by Grassy1
Member since Oct 2009
7330 posts
Posted on 7/8/21 at 5:28 pm to
Where's our Big Boy?

He must be down at the corner bar partying his arse off with some other big gainers!

Posted by Auburn1968
NYC
Member since Mar 2019
23263 posts
Posted on 7/8/21 at 5:35 pm to
There are several approaching breaks with up-listing to NYSE being only one. In an ideal situation, the JV is finalized (probably already is), Canada gets Trudeau out from under his bed and the border is opened up, serious production begins and then SLI moves hard on their other non-Lanxess leases. Then the sky is the limit. Because their production cost runs somewhere around 25% of hard rock lithium mining, they can own the market.

Sweet dreams... The sweetest ones are those that can come true.
Posted by GeneralLee
Member since Aug 2004
13879 posts
Posted on 7/8/21 at 5:36 pm to
Big boy #2 here. Super happy but just a fair amount of relief to have survived the market siege today. It was looking real dicey on the open. My NVVE stock got hammered pretty good today.
Posted by Grassy1
Member since Oct 2009
7330 posts
Posted on 7/8/21 at 5:40 pm to
I know you're here BB#2!

I'm happy for you! (and Me!). ETA: ALL of US!

It's nice to see some real gains after all the chatter and risk.

Very good day. Easily my best day ever in the market so far.
This post was edited on 7/8/21 at 5:41 pm
Posted by LChama
Member since May 2020
2736 posts
Posted on 7/8/21 at 5:42 pm to
I remember when this was .80 and it moved to 1.20 and I thought i missed the boat. I still think theres time to double up. I will be holding until $20 or until retirement.
Congrats to you big fish.. looks like retirement just got a lot closer for you
Posted by SmackoverHawg
Member since Oct 2011
29079 posts
Posted on 7/8/21 at 6:00 pm to
quote:

Market cap at $20 for SLI right now is unreasonable. They would have to expand to justify that price. Just being honest.

I’m not sure what to value their extraction technology at but I don’t think it’s high enough to justify $2 billion plus market cap.


Maybe from what you know, but you'd be wrong. Wouldn't be shocked if we hit $15-20 by end of the month depending on what all info they release in the next 2 weeks. There's reasons for the emergency up list and waiver of 30 day wait. Somebody asked to see their dong and they showed them. It's YUGE!!!! They ain't no mining company people. Think bigger. And why would ANYONE waste money trying to develop their own extraction methods that may never work when they could have SLI do it for them and split the pie? And there's more to this than just lithium.
Posted by PotatoChip
Member since May 2014
4216 posts
Posted on 7/8/21 at 6:06 pm to
Alright, now I’m gonna have to call the Dr. to get this erection to go down.
Posted by SmackoverHawg
Member since Oct 2011
29079 posts
Posted on 7/8/21 at 6:06 pm to
quote:

Canada gets Trudeau out from under his bed and the border is opened up, serious production begins and then SLI moves hard on their other non-Lanxess leases.

What if I told you the unit was here and assembled over the last few weeks. Full production as soon as extraction modules built (which Lanxess will be funding). Tetra project won't be far behind. Blitzkrieg.

70k tons/year from Lanxess alone, and then whatever they can produce at Tetra site with the capability to increase quickly based on prices and demand.
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