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re: Diving deeper on Standard Lithium?

Posted on 7/21/21 at 6:42 pm to
Posted by SmackoverHawg
Member since Oct 2011
30951 posts
Posted on 7/21/21 at 6:42 pm to
quote:

There was a hint that other products from extraction may be commercially relevant for pharma or industrial use. Sort of a throwaway comment from one of Mintak's interviews


Yes. They are reopening their pharmaceutical manufacturing. From my understanding, the lithium extraction process will separate the lithium from the rest. The by products will go out separately and clean water will be left to re-inject. Sulphur, magnesium, sodium plus some cobalt and vanadium but don't know if enough of the last two to be marketable. Have tried to find brine analysis for those two. Some nickel as well I believe. So there may be more revenue than just the lithium, but that may all be Lanxess.
Posted by SmackoverHawg
Member since Oct 2011
30951 posts
Posted on 7/21/21 at 6:49 pm to
quote:

here was a hint that other products from extraction may be commercially relevant for pharma or industrial use. Sort of a throwaway comment from one of Mintak's interviews


He also mentioned other sites for extraction other than the 3 Lanxess sites and the Tetra site. Near the Tetra site is the old Newell site owned by Lanxess. Has brine wells but not operated for some time. Also the mega-plant that I believe is being developed near the south plant. Check google earth. Those areas would be primarily for lithium extraction, which according to Mintak, would be more efficient and higher volume than extraction tail brine. So basically, they can produce all the lithium anyone needs for quite a while and won't have to drill a well. Then they have green fields than can be tapped when/if needed. The Smackover formation can supply all the domestic lithium the US could ever need.
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3215 posts
Posted on 7/21/21 at 7:55 pm to
quote:

So do we own 1% of this company yet


142 millions shares out there...we have to be getting close to 1%, if not over.
Posted by nsudemon10
EBRP
Member since Dec 2010
580 posts
Posted on 7/21/21 at 8:58 pm to
What y’all think we got tomorrow? Still gonna keep creeping up?
Posted by ColoradoAg03
Denver, CO
Member since Oct 2012
6545 posts
Posted on 7/21/21 at 9:03 pm to
Up AH so far.
Posted by LChama
Member since May 2020
3317 posts
Posted on 7/21/21 at 10:01 pm to
Wonder if there will ever be one like this on here again.
Posted by SmackoverHawg
Member since Oct 2011
30951 posts
Posted on 7/21/21 at 10:47 pm to
quote:

What y’all think we got tomorrow? Still gonna keep creeping up?


shite, who knows? I feel like there will be a slow drip of info. By SEC guidelines some things will have to be announced when done. But paperwork can be tied up to delay. I think they are wanting the steady growth we've seen over the past 18 months. I mean it's up 1,535% from my initial two purchases. And I expect that to repeat before it's all said and done. You don't wanna dump more good news than you have to at one time. Investors are fickle. And I think they want to accumulate more shares before it moons but they gotta get cash first.
Posted by SmackoverHawg
Member since Oct 2011
30951 posts
Posted on 7/21/21 at 11:03 pm to
quote:

Wonder if there will ever be one like this on here again.


I'm damn sure gonna be looking!!
Posted by KCRoyalBlue
Member since Nov 2020
1909 posts
Posted on 7/21/21 at 11:12 pm to
quote:

I'm damn sure gonna be looking!!


Be sure to let us SLI'ers know, Smack!
Posted by Beerinthepocket
Dallas
Member since May 2011
883 posts
Posted on 7/22/21 at 6:39 am to
quote:

When are options going to be available with SLI?


My understanding is that options will likely be available after SLI has traded on the NYSE for three months.
Posted by slackster
Houston
Member since Mar 2009
91347 posts
Posted on 7/22/21 at 7:14 am to
quote:

Wonder if there will ever be one like this on here again.




I own the stock, but I’d be a little cautious about celebrating this early (unless you’ve sold), even if you’re an early owner. We’re still talking about a company that had $0 in revenue for the past year. Not trying to be a Debbie downer, just trying to keep some perspective.
Posted by Grassy1
Member since Oct 2009
7330 posts
Posted on 7/22/21 at 7:21 am to
Who was the guy that was getting the new Nissan pickup when we hit $6.00?
Posted by Grassy1
Member since Oct 2009
7330 posts
Posted on 7/22/21 at 7:25 am to
quote:

I own the stock, but I’d be a little cautious about celebrating this early (unless you’ve sold), even if you’re an early owner. We’re still talking about a company that had $0 in revenue for the past year. Not trying to be a Debbie downer, just trying to keep some perspective.


If someone is in this relatively heavy, they'd be naive to not still be nervous about it.

There's a reason so many of us are in this thread daily, and it's not just to congratulate ourselves on our wisdom.
This post was edited on 7/22/21 at 7:42 am
Posted by ThermoDynamicTiger
Baton Rouge
Member since Jul 2008
1448 posts
Posted on 7/22/21 at 7:28 am to
How sweet is this. We are at $6! This is exceeding my expectations at this point in the process. I expect more, but enjoying where we are at.
Posted by Dock Holiday
Member since Sep 2015
1821 posts
Posted on 7/22/21 at 7:46 am to
quote:

There's a reason so many of us are in this thread daily


daily?!?! ppppfffftt... It's a shortcut on my home screen
Posted by el Gaucho
He/They
Member since Dec 2010
58514 posts
Posted on 7/22/21 at 8:53 am to
Did Biden cancel white boy summer again? Why are we red?
Posted by ColoradoAg03
Denver, CO
Member since Oct 2012
6545 posts
Posted on 7/22/21 at 9:06 am to
Increase in jobless claims because lazy bastards want the free money instead of filling one of the many open positions out there, especially in the service industry.
This post was edited on 7/22/21 at 9:08 am
Posted by Elusiveporpi
Below I-10
Member since Feb 2011
2707 posts
Posted on 7/22/21 at 9:58 am to
quote:

[img]Increase in jobless claims because lazy bastards want the free money instead of filling one of the many open positions out there, especially in the service industry.[/img]


True, Tried to go get some ice cream from the local ice cream shop, and I asked why they didnt extend their hours back to normal or open the inside (drive thru only right now), she said they cant find the workers.................
This post was edited on 7/22/21 at 10:00 am
Posted by Shamoan
Member since Feb 2019
13200 posts
Posted on 7/22/21 at 10:35 am to
america is ruined. it all started when parents stopped discipling their kids.
Posted by CollegeFBRules
Member since Oct 2008
25360 posts
Posted on 7/22/21 at 10:47 am to
quote:

america is ruined. it all started when parents stopped discipling their kids.


Look at get off my lawn guy.
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