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re: Diving deeper on Standard Lithium?

Posted on 8/14/21 at 3:04 pm to
Posted by Auburn1968
NYC
Member since Mar 2019
23122 posts
Posted on 8/14/21 at 3:04 pm to
quote:

hell sell again at 9 then it will pump to 12 the next day


I burned my fingers playing around like that. I won't make that mistake again.
Posted by Auburn1968
NYC
Member since Mar 2019
23122 posts
Posted on 8/14/21 at 3:07 pm to
Sure would be nice if those batteries and all that lithium were produced domestically.

quote:

Tesla (TSLA -0.4%) supplier CATL is planning to raise $9B through a private placement to help increase its production of lithium ion batteries, capitalizing on investor optimism over electric vehicles.

China's top battery maker says it aims to raise 58.2B yuan ($8.98B) by placing 232.9M shares with institutional investors.

CATL plans to use the proceeds to fund projects at six new and existing facilities in China's Fujian, Guangdong and Jiangsu provinces, as well as for research and development, and working capital.

Besides Tesla, CATL supplies batteries to Chinese EV makers NIO (NIO -3%), XPeng (XPEV -3%) and Li Auto (LI -4.6%), as well as traditional brands including Daimler's (OTCPK:DDAIF +0.1%) Mercedes Benz.


LINK SA
Posted by Pendulum
Member since Jan 2009
7603 posts
Posted on 8/14/21 at 6:33 pm to
quote:


The lack of press from our guys is frustrating. But hey, we got some recognition here.


This isn't a pump and dump bruh. This is a real company. This isn't a blockchain revolution you gotta hype because there is no business.
This post was edited on 8/14/21 at 6:34 pm
Posted by SmackoverHawg
Member since Oct 2011
28973 posts
Posted on 8/14/21 at 9:57 pm to
I think the best way is to let it grow organically. The product will sell itself. They buyers they are worried about are not stockholders. Undo hype leads to disappointment and can hurt a quality stock. The ideal situation is for them to keep a steady rise with those occasional burst based on good news. Makes it easier to hold and make decisions. Stay in long enough and there just might be dividends. Can't guarantee it. If they don't they it'll be stock buybacks or a combo of both.

If there's any fear of a pump and dump, it should've been answered by now. Like I've said before, most locals don't know about it and every day I have people give me a tip about a hot new stock they heard about SLI. They are still in their infancy.
Posted by Dock Holiday
Member since Sep 2015
1747 posts
Posted on 8/15/21 at 7:41 am to
As crazy as the last week was, its actually up 5.6% over the last 5 days
Posted by SmackoverHawg
Member since Oct 2011
28973 posts
Posted on 8/15/21 at 8:33 am to
quote:

As crazy as the last week was, its actually up 5.6% over the last 5 days


Exactly. It felt like a bad week, but when you end the week higher than you started, that's a win.
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5424 posts
Posted on 8/15/21 at 9:06 am to
quote:

As crazy as the last week was, its actually up 5.6% over the last 5 days


That’s right. Just zoom out a little bit

Look at last week. Last month. Six months
Posted by 73gt
Member since Oct 2020
41 posts
Posted on 8/15/21 at 10:09 am to
Has anyone brought up the fact that the chlorine shortage will affect bromine production? I am hearing it will slow down.
This post was edited on 8/15/21 at 10:10 am
Posted by SmackoverHawg
Member since Oct 2011
28973 posts
Posted on 8/15/21 at 10:39 am to
quote:

Has anyone brought up the fact that the chlorine shortage will affect bromine production? I am hearing it will slow down.



Chlorine is a byproduct of bromine extraction. I may be wrong, but I think Lanxess has that worked out. They brine has high concentrations of NaCl.
Posted by Woodbird
Member since Jun 2017
271 posts
Posted on 8/15/21 at 12:13 pm to
quote:

Chlorine is a byproduct of bromine extraction


I think you're mixed up on this one. In a video posted a while back Mintak mentioned that chlorine was a byproduct of their (SLI's) process and is the main element required for bromine extraction (Lanxess) so there could possibly be a situation where their byproduct is used by Lanxess.
Posted by SmackoverHawg
Member since Oct 2011
28973 posts
Posted on 8/15/21 at 12:29 pm to
quote:

Mintak mentioned that chlorine was a byproduct of their (SLI's) process and is the main element required for bromine extraction (Lanxess) so there could possibly be a situation where their byproduct is used by Lanxess.

you are correct. I'm anxious to see what other byproducts come from their extraction.
Posted by Fe_Mike
Member since Jul 2015
3540 posts
Posted on 8/15/21 at 12:43 pm to
Chlorine is used to swap the bromine off the salt in the bromine feed brine.

Even with the chlorine supply problems reducing bromine production, there will still be plenty of bromine tail brine available. And, I'm pretty sure Standard's process doesn't need bromine specific tail brine. They can take the O&G tail brine direct as long as they are still pumping.
Posted by BallsEleven
Member since Mar 2019
6163 posts
Posted on 8/16/21 at 5:18 am to
Premarket looking rough early.
Posted by jimjackandjose
Member since Jun 2011
6636 posts
Posted on 8/16/21 at 5:36 am to
Across the board

The lack of biden leadership has folks nervous
Posted by ThatsWhatSheSaid69
Member since Aug 2012
93 posts
Posted on 8/16/21 at 6:28 am to
Down 10% pre market for some reason…
Posted by Elusiveporpi
Below I-10
Member since Feb 2011
2644 posts
Posted on 8/16/21 at 6:29 am to
seeing -11% now. WTF, there goes my jetski
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 8/16/21 at 6:32 am to
Other small caps aren’t getting murdered like this though, ouch. Could be down 15% at the open at this rate....
Posted by jimjackandjose
Member since Jun 2011
6636 posts
Posted on 8/16/21 at 6:38 am to
A bunch of SLs will trigger at the open if it keeps going.

Could get fugly quickly
Posted by LChama
Member since May 2020
2699 posts
Posted on 8/16/21 at 6:38 am to
Somebody loaning out their shares to shorts
Posted by supadave3
Houston, TX
Member since Dec 2005
31144 posts
Posted on 8/16/21 at 6:45 am to
Damn, and I need to buy another 10% to hit my share ownership goal. Today may be the day to do it.
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