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re: Diving deeper on Standard Lithium?

Posted on 8/4/21 at 1:00 pm to
Posted by Fe_Mike
Member since Jul 2015
3562 posts
Posted on 8/4/21 at 1:00 pm to
The only thing I can think is that people are extrapolating the Tetra news and pricing in that potential lithium volume. If so, the SLi PEA news might actually trigger a sell off.

Otherwise, it’s gotta be a leak? And I am really not a believer in “leaks” so I’m guessing the former.

I don’t keep up with other forums so not sure if it’s gaining traction in some other social venue, I.e. Stocktwit followers are growing exponentially or something
Posted by Followthestandard
Member since Jul 2021
12 posts
Posted on 8/4/21 at 1:02 pm to
Once the deal with lanxess is complete, does anything happen to standard? Will it turn into a different company or could it possibly go private? I’ve dealt with buyouts before but I’m curious as to how the 60/40 split will be handled.
Posted by Toula
504
Member since Dec 2006
35403 posts
Posted on 8/4/21 at 1:04 pm to
From a technical standpoint, it just seems like it's trying to find a supply level.

Volume does not support something being priced in, or some type of leak.

Just feels like recognition is growing, there's very few sellers at any level. Which is making the buyers have to pay more and more.
Posted by Fe_Mike
Member since Jul 2015
3562 posts
Posted on 8/4/21 at 1:04 pm to
It is also very heavily tracking LLKKF today which is very unordinary. But I mean tracking it strong.
Posted by BallsEleven
Member since Mar 2019
6163 posts
Posted on 8/4/21 at 1:05 pm to
quote:

The only thing I can think is that people are extrapolating the Tetra news and pricing in that potential lithium volume.


It could be this in addition to lithium stocks being up in general.

quote:

I don’t keep up with other forums so not sure if it’s gaining traction in some other social venue, I.e. Stocktwit followers are growing exponentially or something


I'm on stockwits and a couple new followers but nothing that jumps out at me.

quote:

Once the deal with lanxess is complete, does anything happen to standard? Will it turn into a different company or could it possibly go private?


No, it will be a joint venture. SLI and lanxess teaming up.
This post was edited on 8/4/21 at 1:06 pm
Posted by Fe_Mike
Member since Jul 2015
3562 posts
Posted on 8/4/21 at 1:07 pm to
Nope no change in ownership or anything.

JV is strictly a revenue split/manufacturing agreement.
Posted by Fe_Mike
Member since Jul 2015
3562 posts
Posted on 8/4/21 at 1:08 pm to
Is all lithium up today?

ALB is flat, they are usually the strongest indicator.
Posted by BallsEleven
Member since Mar 2019
6163 posts
Posted on 8/4/21 at 1:09 pm to
Well...I thought they were

Damn 7.75!

I didn't think we would be this close to $8 so quick without any major news.
This post was edited on 8/4/21 at 1:10 pm
Posted by Dock Holiday
Member since Sep 2015
1748 posts
Posted on 8/4/21 at 1:10 pm to
quote:

It is also very heavily tracking LLKKF


Yeah, I had to adjust my buy higher than I wanted to, but it never tracked back down to meet me. Was able to reach my goal on # of LLKKF shares, but paid a little more than I wanted to.

I'm tapped out on lithium for now... shall sit and wait...
Posted by Toula
504
Member since Dec 2006
35403 posts
Posted on 8/4/21 at 1:10 pm to
Which makes you wonder, where is this thing going to establish support and resistance levels?

The fact she's ran from $5 to here without any catalyst or news other than the Tetra report is stunning.
Posted by PotatoChip
Member since May 2014
4216 posts
Posted on 8/4/21 at 1:11 pm to
Looking to push $8 today at this rate
Posted by Who_Dat_Tiger
Member since Nov 2015
22686 posts
Posted on 8/4/21 at 1:12 pm to
For real. Will the floor be $7? Or are we beyond that point for good?

Insane but I love it
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2953 posts
Posted on 8/4/21 at 1:13 pm to
Pardon me if i missed this previously: LINK /
Posted by igoringa
South Mississippi
Member since Jun 2007
11902 posts
Posted on 8/4/21 at 1:16 pm to
Man these rips trigger some dumping (Better not be lieutenantGeneral again lol), but then it gets back on the horse.

Man o man
Posted by Auburn1968
NYC
Member since Mar 2019
23274 posts
Posted on 8/4/21 at 1:25 pm to
quote:

Damn 7.75!

I didn't think we would be this close to $8 so quick without any major news.


Maybe word is getting out causing a buzz.
Posted by Fe_Mike
Member since Jul 2015
3562 posts
Posted on 8/4/21 at 1:26 pm to
Oh great we’re crashing. What did y’all do? Closing red no doubt. Panic selling. The end is nigh!
Posted by jimjackandjose
Member since Jun 2011
6640 posts
Posted on 8/4/21 at 1:30 pm to
Floor is 6 now IMO
Posted by PotatoChip
Member since May 2014
4216 posts
Posted on 8/4/21 at 1:32 pm to
If the JV new is prolonged, I think the door is 6.50. If the news hits soon, it’ll never get there.
Posted by jimjackandjose
Member since Jun 2011
6640 posts
Posted on 8/4/21 at 1:38 pm to
The news we are still missing

Why the expedited uplist?
Posted by PotatoChip
Member since May 2014
4216 posts
Posted on 8/4/21 at 1:49 pm to
I was excited to be pushing 7 yesterday, now I’m a little thrown off how quick it’s getting back there.
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