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re: Diving deeper on Standard Lithium?

Posted on 7/15/21 at 5:44 am to
Posted by jimjackandjose
Member since Jun 2011
6640 posts
Posted on 7/15/21 at 5:44 am to
Boom!

What is the German update this morning?
This post was edited on 7/15/21 at 5:55 am
Posted by GeneralLee
Member since Aug 2004
13879 posts
Posted on 7/15/21 at 5:57 am to
We'll see, futures look like crap today so it might get dragged down with the rest of the market.
Posted by CollegeFBRules
Member since Oct 2008
24785 posts
Posted on 7/15/21 at 5:58 am to
Looks like it’s down 3%.

LINK
Posted by GeneralLee
Member since Aug 2004
13879 posts
Posted on 7/15/21 at 6:02 am to
Take that price and multiply by 1.2 basically and you get 5.45ish so roughly flat from the American close yesterday. There's a bit of a lag in the German prices (as far as % up/down from close) as they close before the American and Canadian markets close for the day.
Posted by CollegeFBRules
Member since Oct 2008
24785 posts
Posted on 7/15/21 at 6:09 am to
Thanks for the info, wasn’t 100% sure how to correlate it.
Posted by Nguyener
Kame House
Member since Mar 2013
21057 posts
Posted on 7/15/21 at 6:14 am to
quote:

futures look like crap today so it might get dragged down with the rest of the market.


Last three days:

Posted by BallsEleven
Member since Mar 2019
6163 posts
Posted on 7/15/21 at 6:27 am to
quote:

PR out this morning... SIFT plant installed in El Dorado!


Good to see this being confirmed
Posted by Tower_Tiger12
Member since Jan 2021
990 posts
Posted on 7/15/21 at 6:36 am to
That damn SmackoverHog is something. I remember him saying “what if I told you it was here”
Posted by el Gaucho
He/They
Member since Dec 2010
57036 posts
Posted on 7/15/21 at 6:52 am to
Can we get this to 70 so I can sell
Posted by el Gaucho
He/They
Member since Dec 2010
57036 posts
Posted on 7/15/21 at 7:04 am to
quote:


I'll see what I can do. Mine's actually a Lanxess hat with a SLi logo sticker.


If you can’t get a hard hat I can put stickers on my amps and introduce sli to the younger generation
Posted by igoringa
South Mississippi
Member since Jun 2007
11902 posts
Posted on 7/15/21 at 7:04 am to
I assume with confirmation the sift plant has been producing in VCR we should have some token revenue maybe this q.

The South American brine transformation is fascinating
This post was edited on 7/15/21 at 7:07 am
Posted by Who_Dat_Tiger
Member since Nov 2015
22826 posts
Posted on 7/15/21 at 7:05 am to
quote:

That is the reason why I think with revenue JV and a certain sales contract, we could see a Piedmont type run


I’m new to lithium outside of SLI. Wow what’s the story with this company? It was below SLI price a year ago and PLL is trading in the $70s now.

It went from $6 in September to over $40 in less than a month. Can we get this kind of price action please!
Posted by Toula
504
Member since Dec 2006
35404 posts
Posted on 7/15/21 at 7:12 am to
PLL is extremely small float, 15M shares outstanding. Hence that crazy price action.
It’s only $1B market cap at $70/share
Posted by Boomer Rick
Member since Apr 2021
275 posts
Posted on 7/15/21 at 7:14 am to
Info like the South American brine transformation is what makes me think that what is in the investor presentations is just the tip of the iceberg, and we’ll be discussing a completely new set of catalysts and revenue projections this time next year.
Posted by Fe_Mike
Member since Jul 2015
3566 posts
Posted on 7/15/21 at 7:15 am to
As Toula said, if you look at the actual market cap increase of PLL it’s pretty comparable to what SLI has done over the past two years. A little over a 10x MC gain. SLI is actually the bigger gainer, I believe.
Posted by Fe_Mike
Member since Jul 2015
3566 posts
Posted on 7/15/21 at 7:17 am to
Yup, Smack has some connections for sure.

He nailed this one, which gives ya even more confidence in some of his other claims as well.

Woolly.
Posted by SmackoverHawg
Member since Oct 2011
29178 posts
Posted on 7/15/21 at 7:18 am to
quote:

We'll see, futures look like crap today so it might get dragged down with the rest of the market.


Dammit. I said I was done buying, If this shite drops into the fours, I may make a liar of myself again. I don't look at it as averaging up. I look each day/week/month and see where I feel most comfortable putting my money and the risk/return, my calculator my be off but it keeps coming up SLI. Did add some RIG at under $4.00.
Posted by Who_Dat_Tiger
Member since Nov 2015
22826 posts
Posted on 7/15/21 at 7:19 am to
Still curious to see the headlines from that period if they went from under $100M to $1B in the past year. We could be waiting on the same catalysts.

Found it:
quote:

September 27, 2020

Australia's Piedmont signs lithium ore supply deal with Tesla, shares surge

Come on down Elon!
Posted by el Gaucho
He/They
Member since Dec 2010
57036 posts
Posted on 7/15/21 at 7:21 am to
quote:


We'll see, futures look like crap today so it might get dragged down with the rest of the market.

Nooooo

Haven’t had a Green Day since trump

Y’all wanna hear my bands demo?
Posted by igoringa
South Mississippi
Member since Jun 2007
11902 posts
Posted on 7/15/21 at 7:29 am to
Not that there was much doubt but they didn’t move the sift machine down to Arkansas to not have the joint venture set.
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