Posted by
Message
RedStickBR
LSU Fan
Member since Sep 2009
13873 posts

re: Diving deeper on Standard Lithium?
Thanks for the thoughts


SmackoverHawg
Arkansas Fan
Member since Oct 2011
21659 posts

re: Diving deeper on Standard Lithium?
I 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.
This post was edited on 7/13 at 3:33 pm


RedStickBR
LSU Fan
Member since Sep 2009
13873 posts

re: Diving deeper on Standard Lithium?
As 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
This post was edited on 7/13 at 9:25 pm


LChama
Member since May 2020
204 posts

re: Diving deeper on Standard Lithium?
What is the ticker
CA:SLL
SLL.V
STLHF


RedStickBR
LSU Fan
Member since Sep 2009
13873 posts

re: Diving deeper on Standard Lithium?
STLHF for the foreign-designated U.S. OTC listing.

SLL.V for the more liquid Canadian listing.


Replies (0)
Replies (0)
00
RedStickBR
LSU Fan
Member since Sep 2009
13873 posts

re: Diving deeper on Standard Lithium?
Update on the pilot projects this morning. They sound pretty pleased with how both are progressing:

LINK


jimjackandjose
Member since Jun 2011
4364 posts

re: Diving deeper on Standard Lithium?
Price seems to be holding well at or above dollar range

Any news or expected announcements on progress?


Replies (0)
Replies (0)
00
rlp
LSU Fan
Shreveport
Member since Sep 2005
532 posts

re: Diving deeper on Standard Lithium?
Moved up this morning....and now back down
This post was edited on 9/10 at 8:45 am


Aubie Spr96
Utah Fan
lolwut?
Member since Dec 2009
29279 posts
 Online 

re: Diving deeper on Standard Lithium?
Picked up $500 worth today. Interesting company.


SmackoverHawg
Arkansas Fan
Member since Oct 2011
21659 posts

re: Diving deeper on Standard Lithium?
Just 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.


Replies (0)
Replies (0)
00
jimjackandjose
Member since Jun 2011
4364 posts

re: Diving deeper on Standard Lithium?
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


Wraytex
Baylor Fan
San Antonio - Gonzales
Member since Jun 2020
22 posts

re: Diving deeper on Standard Lithium?
Volume and price jumped last two days.... the news about their first large shipment was last week.


Hawgeye
Central Arkansas Fan
tFlagship Brothel
Member since Jun 2009
26600 posts

re: Diving deeper on Standard Lithium?
This baby is rolling right now.


Replies (0)
Replies (0)
00
SmackoverHawg
Arkansas Fan
Member since Oct 2011
21659 posts

re: Diving deeper on Standard Lithium?
And news release to partner with Albemarle in the only lithium battery plant in US.


eng08
LSU Fan
Member since Jan 2013
4475 posts

re: Diving deeper on Standard Lithium?
Where’s that news release? I cannot find it


Wraytex
Baylor Fan
San Antonio - Gonzales
Member since Jun 2020
22 posts

re: Diving deeper on Standard Lithium?
Interested in that release also. Neither company shows news to that effect.


SmackoverHawg
Arkansas Fan
Member since Oct 2011
21659 posts

re: Diving deeper on Standard Lithium?
It 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.


Wraytex
Baylor Fan
San Antonio - Gonzales
Member since Jun 2020
22 posts

re: Diving deeper on Standard Lithium?
Thanks for the heads up.... almost 10x volume today. Someone's loading up.


Replies (0)
Replies (0)
00
eng08
LSU Fan
Member since Jan 2013
4475 posts

re: Diving deeper on Standard Lithium?
Couldn’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.


Woodbird
Louisiana Tech Fan
Member since Jun 2017
133 posts
 Online 

re: Diving deeper on Standard Lithium?
Yea I think the mention of Albemarle/DOE mentioned in the same article as Standard Lithium caused the confusion.


first pageprev pagePage 2 of 3next pagelast page

Back to top

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

FacebookTwitterInstagram