Started By
Message

re: Diving deeper on Standard Lithium?

Posted on 7/12/21 at 6:36 pm to
Posted by nsudemon10
EBRP
Member since Dec 2010
580 posts
Posted on 7/12/21 at 6:36 pm to
LINK

Tesla patent reveals Elon musk table salt lithium extraction process. Could this hurt Standard Lithium?
Posted by KCRoyalBlue
Member since Nov 2020
1533 posts
Posted on 7/12/21 at 6:50 pm to
quote:

Tesla patent reveals Elon musk table salt lithium extraction process. Could this hurt Standard Lithium?


Hmmm. I wonder how long the process takes? Is is green?
Posted by tigerfoot
Alexandria
Member since Sep 2006
59146 posts
Posted on 7/12/21 at 7:13 pm to
Isnt Standard Lithiums method even more effective, and greener, and probably quicker.

If anything it is Musk making a committment to lithium.
Posted by SmackoverHawg
Member since Oct 2011
29105 posts
Posted on 7/12/21 at 7:43 pm to
quote:

snt Standard Lithiums method even more effective, and greener, and probably quicker.

If anything it is Musk making a committment to lithium.


Yes. Still from ore. SLI will be the cheapest, fastest and only green extraction operation. But Tesla needs more than they can produce for not just EV's, but energy storage. Estimated demand is projected to be in excess of 1 million tons/yr by 2027. Anxious to see what's going on with the brine sites Lanxess acquired in Europe.

I think SLI's patent gets approval and announced soon. I think this release by Musk is a prologue to that to get attention on SLI. We'll soon know.
Posted by BallsEleven
Member since Mar 2019
6163 posts
Posted on 7/12/21 at 7:53 pm to
quote:

Still from ore


Was about to say, it uses salt to extract from ore. Still requires strip mining.
Posted by jimjackandjose
Member since Jun 2011
6640 posts
Posted on 7/12/21 at 7:53 pm to
Lanxness didn’t purchase brine sites for shits and giggle. They are either going to buy SLI out or they will be building there very soon.

Or they got stupid and try to steal SLI tech.
Posted by BallsEleven
Member since Mar 2019
6163 posts
Posted on 7/12/21 at 8:04 pm to
quote:

Lanxness didn’t purchase brine sites for shits and giggle.


I wonder if this will be similar to oil companies purchasing leases and having to do exploratory wells or if they are able to test for lithium content beforehand.
Posted by igoringa
South Mississippi
Member since Jun 2007
11902 posts
Posted on 7/12/21 at 8:12 pm to
Another interesting tidbit in any discussion related to Tesla Is that when Robert Mintak Was still at pure energy in 2015 - He signed a supply deal for Nevada produced lithium to be sold to Tesla.

I still haven’t figured out the backstory with his new from pure energy to Standard lithium but it is intriguing nonetheless
Posted by jimjackandjose
Member since Jun 2011
6640 posts
Posted on 7/12/21 at 8:16 pm to
I think the test to determine lithium content is infinitely cheaper than finding oil that can be tapped and pumped.

Not too mention, the process is significantly cheaper than conventional lithium mining. So a brine content % doesn’t need to be as high to still be quite a profitable well site
Posted by Who_Dat_Tiger
Member since Nov 2015
22704 posts
Posted on 7/12/21 at 8:18 pm to
quote:

If we FOMO this to 50, you can call me an Ape all day long.

I much more bearish than Smack on next few months.

But as a tech company, 10B market cap would be in line with other Tech companies

to humor ourselves I calculated a 10B market cap for SLI = $74.63 per share.

I’d be one of dozens of SLI millionaires in this thread at that price. Already committed to not taking any short-term capital gains so I got time!

Posted by supadave3
Houston, TX
Member since Dec 2005
31177 posts
Posted on 7/12/21 at 8:21 pm to
well this is scary. E*Trade currently shows my SLI value at a very large negative number.

I know, the uplisting but it’s still scary as frick to see.

My portfolio is at -87% currently. Damn, I suck.
This post was edited on 7/12/21 at 8:23 pm
Posted by SETH6180
TEXAS
Member since Feb 2020
429 posts
Posted on 7/12/21 at 8:23 pm to
Same here....
Posted by Who_Dat_Tiger
Member since Nov 2015
22704 posts
Posted on 7/12/21 at 8:23 pm to
Holy crap me too. that is scary! Carved about 100k off my portfolio value.

They better fix that glitch quick!
Posted by supadave3
Houston, TX
Member since Dec 2005
31177 posts
Posted on 7/12/21 at 8:25 pm to
Maybe we’re all pawns in some elaborate scheme by a notorious conman SmackoverHawg and now we’re all broke and on the run with felony fraud charges.
Posted by Who_Dat_Tiger
Member since Nov 2015
22704 posts
Posted on 7/12/21 at 8:28 pm to


Nah Smackover is going to be on my MT Mt Rushmore once this is all said and done
Posted by jimjackandjose
Member since Jun 2011
6640 posts
Posted on 7/12/21 at 8:28 pm to
Still good on fidelity

Posted by jimjackandjose
Member since Jun 2011
6640 posts
Posted on 7/12/21 at 8:30 pm to
Yes. strange he left pure energy. They were already working the DLE R and D. Maybe he had the goods and wanted a bigger piece of pie.

The Schlumberger partnership with Pure Energy is interesting as well. Their process much slower than SLI but competition is surely coming.

SLI needs to have its patent house in order I woukd think
Posted by jimjackandjose
Member since Jun 2011
6640 posts
Posted on 7/12/21 at 8:36 pm to
think SLI's patent gets approval and announced soon. I think this release by Musk is a prologue to that to get attention on SLI. We'll soon know


Why would Musk be trying to get attention on SLI unless
1. He plans to buy the company
2. Owns significant shares of the company
3. Plans to bury his competition by buying up every ounce of cheap lithium and destroying traditional mining buy unveiling the dirty side the greenies dont want to talk about.
Posted by SmackoverHawg
Member since Oct 2011
29105 posts
Posted on 7/12/21 at 8:41 pm to
quote:

3. Plans to bury his competition by buying up every ounce of cheap lithium and destroying traditional mining buy unveiling the dirty side the greenies dont want to talk about.


Posted by KCRoyalBlue
Member since Nov 2020
1533 posts
Posted on 7/12/21 at 8:46 pm to
My E*Trade shows me to be a broke-dicck as well. I'm not worried at all, but yes, it does feel a bit disconcerting. Lol.
Jump to page
Page First 159 160 161 162 163 ... 957
Jump to page
first pageprev pagePage 161 of 957Next pagelast page

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

FacebookXInstagram