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re: Diving deeper on Standard Lithium?

Posted on 7/19/21 at 8:18 pm to
Posted by Toula
504
Member since Dec 2006
35405 posts
Posted on 7/19/21 at 8:18 pm to
quote:

Upon a final investment decision, we can then go directly to the first commercial plant.


I interpreted this as him taking a shot at Lanxess on the JV split negotiations
Posted by SmackoverHawg
Member since Oct 2011
30951 posts
Posted on 7/19/21 at 8:24 pm to
quote:

Upon a final investment decision, we can then go directly to the first commercial plant.


quote:

I interpreted this as him taking a shot at Lanxess on the JV split negotiations


Yep. SLI had to raise funds to proceed while Lanxess sat with thumb up arse. When one partner puts up much more than initially agreed, they expect a return. SLI wants the 60/40 or better. Lanxess is stuck because they would be idiots to walk away from billions in revenue.

I love it. Those Canadians shoving up their Kraut asses I believe. Lanxess is negotiating from a position of weakness. Their cheap arse didn't want Tetra and Albermarle is right next door. I'd love to know if Albermarle is the source of the South American brine.
Posted by jimjackandjose
Member since Jun 2011
6672 posts
Posted on 7/19/21 at 8:25 pm to
Dragging it out over 10 percent potentially hurts lanxness more than SLI

Got to think they are done though, too much money being spent and work done.
Posted by SmackoverHawg
Member since Oct 2011
30951 posts
Posted on 7/19/21 at 8:45 pm to
quote:

Dragging it out over 10 percent potentially hurts lanxness more than SLI

Got to think they are done though, too much money being spent and work done.


I have no doubt the JV is done besides dotting i's and crossing t's. Things are progressing fine. The work SLI has done has further de-risked Lanxess's investment. Not sure of the original deal was set up to allow SLI to get the extra 10%. It doesn't mean that Lanxess isn't agreeable. Contracts may have to be re-written and that means lawyers. Wordy mf'ers.
Posted by GeneralLee
Member since Aug 2004
13946 posts
Posted on 7/20/21 at 6:25 am to
Up big time in Germany and premarket bid in America is up to $5.25. About damn time we had a nice green day, let's hope it holds!
Posted by GeneralLee
Member since Aug 2004
13946 posts
Posted on 7/20/21 at 6:28 am to
PR out on new appointment to their board of directors...
LINK
Posted by BallsEleven
Member since Mar 2019
6163 posts
Posted on 7/20/21 at 7:02 am to
Who is the new kid?
Posted by GeneralLee
Member since Aug 2004
13946 posts
Posted on 7/20/21 at 7:04 am to
Yeah no kidding, let me on the board so I can get 200,000 options too!
Posted by Grassy1
Member since Oct 2009
7330 posts
Posted on 7/20/21 at 7:09 am to
He's got an impressive resume'
Posted by Fe_Mike
Member since Jul 2015
3702 posts
Posted on 7/20/21 at 7:13 am to
It looks like a good appointment in and of itself. But I think the main thing to glean from that PR for short term is that his options are exercisable at $6.08

Dude isn’t going to agree to that price unless he’s more than comfortable with it as a floor. We’re gonna be hunting $6.08 in the short term without any other news.
Posted by jerryc436
Franklin
Member since Jan 2014
589 posts
Posted on 7/20/21 at 7:31 am to
Last night price was at 4.98. Checked it this morning and saw 4.80, now showing 5.46. Looks like a good move today.
Posted by bet84
Texas
Member since Jul 2021
109 posts
Posted on 7/20/21 at 7:39 am to
Looks like his business is the Venture Studio. There are many articles on the internet comparing the Venture Studio hands on approach to the Venture Capitalist investments approach. I'm guessing Dr. Berl is there to help raise capital for the company's growth. There may be dilution for the existing shareholders if funds are raised through preferred stock or additional common stock issued, but I hope Dr. Berl's experience will lead to greater stock value growth that will make up for any dilution.
This post was edited on 7/20/21 at 7:48 am
Posted by el Gaucho
He/They
Member since Dec 2010
58514 posts
Posted on 7/20/21 at 7:41 am to
Can we go to 10 today
Posted by jerryc436
Franklin
Member since Jan 2014
589 posts
Posted on 7/20/21 at 7:42 am to
I would be happy to see 8 and hold above 6.
Posted by jimjackandjose
Member since Jun 2011
6672 posts
Posted on 7/20/21 at 7:46 am to
I dont think we see thise numbers again until FID and JV or another player JV
Posted by jerryc436
Franklin
Member since Jan 2014
589 posts
Posted on 7/20/21 at 7:53 am to
Bought a little more yesterday at 4.75. Would have bought a lot more today under 5 but need to sell something else to get the funds. Would like to double my shares under 5 if it drops again. My goal is 5K shares almost halfway there.
Posted by el Gaucho
He/They
Member since Dec 2010
58514 posts
Posted on 7/20/21 at 7:56 am to
This stonk will break your heart baw

I got 4 slugs in me, 2 bourbon, 1 9mm and 1 -10% sli day
Posted by jimjackandjose
Member since Jun 2011
6672 posts
Posted on 7/20/21 at 8:06 am to
Be nice if they roll out JV thursday and get this thing back above 6 with fomo going into weekend
Posted by SmackoverHawg
Member since Oct 2011
30951 posts
Posted on 7/20/21 at 8:15 am to
quote:

Yeah no kidding, let me on the board so I can get 200,000 options too!



I've done more for the company than he has! Howz about throwing 100k my way? I'd settle for 53,537 shares.
Posted by jimjackandjose
Member since Jun 2011
6672 posts
Posted on 7/20/21 at 8:18 am to
Or atleast a box of hats!
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