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re: Diving deeper on Standard Lithium?Posted by RedStickBR 
on 7/13/20 at 1:39 pm to SmackoverHawg
on 7/13/20 at 1:39 pm to SmackoverHawgThanks for the thoughts 
Posted by SmackoverHawg 
on 7/13/20 at 2:36 pm to RedStickBR
on 7/13/20 at 2:36 pm to RedStickBRI think that bodes well, but just a hunch. They are hyping it zero. Standard Lithium only has a very small staff. I think they are gradually acquiring shares. They had to raise the money themselves for the experimental and demo plants which they did with ease and exceeded. An unnamed insider bought about 50,000 more shares a week or so ago that gave them 1million shares total I believe.
ETA-Just my opinion. We know what that's worth. I certainly appreciate opinions that may be more educated in the field.
ETA-Just my opinion. We know what that's worth. I certainly appreciate opinions that may be more educated in the field.
This post was edited on 7/13 at 3:33 pm
Posted by RedStickBR on 7/13/20 at 8:09 pm to SmackoverHawg
on 7/13/20 at 8:09 pm to SmackoverHawgAs I understand it inferred resources primarily rely on seismic studies and/or educated guesses based on the underlying geology. The Canadian NI 43-101 standard does not allow companies to produce economic assessments with respect to inferred resources. This is the most uncertain resource classification category. In order from most uncertain to most certain, categories include (1) inferred, (2) indicated, (3) measured, (4) probable and (5) proven.
The Lanxess play, by contrast, is classified as an indicated reserve. This means some (typically widely spaced) drillhole campaigns have been conducted, meaning the resource is somewhat well defined, but by no means certain. However, promotion into this group allows a company to issue an economic assessment, hence what prompted Standard Lithium to commission the same.
Standard Lithium’s economic assessment produced a post-tax NPV of nearly $1.0 billion using reasonable assumptions. The Company is a 30% party to the JV with Lanxess, bringing their share of that NPV to $300 million. The aforementioned assumptions are arguably conservatives because where costs are uncertain, the study tended to guess to the high side and assumed no optimization.
Standard Lithium has a current market cap of around $80 million, so you’re looking at something like a 3-bagger assuming all of the projections turn out to be accurate, the stock isn’t bought out first, commodity prices don’t plummet, demand for LCE turns out to be as robust as expected, and the company is able to execute on its plan.
Is the above summary consistent with your understanding? Also, do you know if the company has plans to achieve “measured” status? It seems that would be an attainable next catalyst. Thanks
The Lanxess play, by contrast, is classified as an indicated reserve. This means some (typically widely spaced) drillhole campaigns have been conducted, meaning the resource is somewhat well defined, but by no means certain. However, promotion into this group allows a company to issue an economic assessment, hence what prompted Standard Lithium to commission the same.
Standard Lithium’s economic assessment produced a post-tax NPV of nearly $1.0 billion using reasonable assumptions. The Company is a 30% party to the JV with Lanxess, bringing their share of that NPV to $300 million. The aforementioned assumptions are arguably conservatives because where costs are uncertain, the study tended to guess to the high side and assumed no optimization.
Standard Lithium has a current market cap of around $80 million, so you’re looking at something like a 3-bagger assuming all of the projections turn out to be accurate, the stock isn’t bought out first, commodity prices don’t plummet, demand for LCE turns out to be as robust as expected, and the company is able to execute on its plan.
Is the above summary consistent with your understanding? Also, do you know if the company has plans to achieve “measured” status? It seems that would be an attainable next catalyst. Thanks
This post was edited on 7/13 at 9:25 pm
Posted by RedStickBR on 7/13/20 at 10:11 pm to LChama
on 7/13/20 at 10:11 pm to LChamaSTLHF for the foreign-designated U.S. OTC listing.
SLL.V for the more liquid Canadian listing.
SLL.V for the more liquid Canadian listing.
Posted by RedStickBR on 7/15/20 at 8:58 am to SmackoverHawg
on 7/15/20 at 8:58 am to SmackoverHawgUpdate on the pilot projects this morning. They sound pretty pleased with how both are progressing:
LINK
LINK
Posted by jimjackandjose on 8/13/20 at 9:00 pm to RedStickBR
Price seems to be holding well at or above dollar range
Any news or expected announcements on progress?
Any news or expected announcements on progress?
Posted by rlp on 9/10/20 at 8:42 am to RedStickBR
on 9/10/20 at 8:42 am to RedStickBRMoved up this morning....and now back down
This post was edited on 9/10 at 8:45 am
Posted by SmackoverHawg on 9/10/20 at 9:36 pm to Aubie Spr96
on 9/10/20 at 9:36 pm to Aubie Spr96Just shipped first large volume of lithium chloride to Canada for conversion to lithium carbonate in Canada. Conversion unit is held up there due to COVID.
Posted by jimjackandjose on 9/10/20 at 9:36 pm to Aubie Spr96
If their proprietary conversion works, this thing should rock
I'm probably a little to deep in this company but another dip into .80 range and I may have to pick up more
I'm probably a little to deep in this company but another dip into .80 range and I may have to pick up more
Posted by Wraytex 
on 9/16/20 at 9:12 am to jimjackandjose
on 9/16/20 at 9:12 am to jimjackandjoseVolume and price jumped last two days.... the news about their first large shipment was last week.
Posted by SmackoverHawg on 9/16/20 at 12:30 pm to Wraytex
on 9/16/20 at 12:30 pm to WraytexAnd news release to partner with Albemarle in the only lithium battery plant in US.
Posted by SmackoverHawg on 9/16/20 at 4:51 pm to Wraytex
on 9/16/20 at 4:51 pm to WraytexIt was on local radio yesterday morning. Check Standard Lithium’s company page or Facebook. May be a mention there. I couldn’t find it yesterday. Just happened to hear it on way to work.
Posted by Wraytex on 9/16/20 at 6:31 pm to SmackoverHawg
on 9/16/20 at 6:31 pm to SmackoverHawgThanks for the heads up.... almost 10x volume today. Someone's loading up.
Posted by eng08 on 9/16/20 at 6:48 pm to SmackoverHawg
on 9/16/20 at 6:48 pm to SmackoverHawgCouldn’t find it on anyone’s sites.
Albemarle had a press release with the Dept of energy on battery research and it mentioned standard lithium in it as well. Here’s one of the articles: LINK
I just don’t seeing Albemarle teaming with them if they are already attached at the hip with Lanxess.
Albemarle had a press release with the Dept of energy on battery research and it mentioned standard lithium in it as well. Here’s one of the articles: LINK
I just don’t seeing Albemarle teaming with them if they are already attached at the hip with Lanxess.
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