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re: Diving deeper on Standard Lithium?

Posted on 8/20/21 at 4:24 pm to
Posted by Pendulum
Member since Jan 2009
7601 posts
Posted on 8/20/21 at 4:24 pm to
Poor Mintak isnt even growing the company, just answering TD.com T-shirt and hat emails now.

I almost want to email him and be like, send me 100 tshirts and hats and I'll take care of this for you. Just focus on SLI
This post was edited on 8/20/21 at 4:25 pm
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 8/20/21 at 4:38 pm to
Agree 100%. If you could coordinate that that’d be great.
Posted by el Gaucho
He/They
Member since Dec 2010
56843 posts
Posted on 8/20/21 at 4:58 pm to
I finished green today so I’m not even complaining

Would be nice to go back to 8 tho
Posted by PurpleGoldTiger
Thibodaux, LA
Member since Mar 2010
4026 posts
Posted on 8/20/21 at 4:59 pm to
SLI being the only red on the board is an unfortunate change of pace.

ETA: Only being up 122% overall sucks too. Where is my hat?
This post was edited on 8/20/21 at 5:00 pm
Posted by el Gaucho
He/They
Member since Dec 2010
56843 posts
Posted on 8/20/21 at 5:02 pm to
When you send your address to mintak do you think he looks up your house
Posted by KCRoyalBlue
Member since Nov 2020
1502 posts
Posted on 8/20/21 at 5:35 pm to
I've emailed investor relations twice. Once to just say thank you for potentially putting Arkansas on the map. The second time I was fishing for a hat and shirt to proudly wear in my area.

No response either time.
This post was edited on 8/20/21 at 6:14 pm
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 8/20/21 at 5:51 pm to
PR just came out for $250M shelf offering, any time over next 25 months. Might cause a dip short term...

Mintak states in PR that they are well funded for upcoming milestones and have no immediate plans to raise capital.
This post was edited on 8/20/21 at 6:03 pm
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2905 posts
Posted on 8/20/21 at 5:55 pm to
quote:

Might cause a dip short term


I won't let you get me a second time with that trick...
Posted by SmackoverHawg
Member since Oct 2011
28961 posts
Posted on 8/20/21 at 5:58 pm to
quote:

PR just came out for $250M shelf offering, any time over next 25 months. Might cause a dip short term but assume they are doing this to get ready for huge expansion....


Must be the PEA on Tetra site.
Posted by PotatoChip
Member since May 2014
4198 posts
Posted on 8/20/21 at 5:58 pm to
I really thought they were done raising capital. This would explain the drop this week if those in the know were selling. 250 million is roughly 30% of the current market cap which is a pretty large amount.
Posted by el Gaucho
He/They
Member since Dec 2010
56843 posts
Posted on 8/20/21 at 5:59 pm to
Did it dip last time?
Posted by KCRoyalBlue
Member since Nov 2020
1502 posts
Posted on 8/20/21 at 6:16 pm to
Just got an email from SLI regarding something that's way over my head. Who can dissect this?

Base Shelf Prospectus?
Posted by jimjackandjose
Member since Jun 2011
6635 posts
Posted on 8/20/21 at 6:24 pm to
Applying for ability to create more shares. Generally diluting shares and lowering stock price.

I'm curious if they are doing what we all want them to do, move faster!

I never really liked the whole "wait on lanxness profits to fund tetra approach" EV market and lithium demand is moving too fast. If they have the goods at tetra, they need to get to production faster and capture the market.
Posted by tigersint
Lafayette
Member since Nov 2012
3562 posts
Posted on 8/20/21 at 6:31 pm to
300 pages in and I'm about to get my T-shirt hopefully!
Posted by PotatoChip
Member since May 2014
4198 posts
Posted on 8/20/21 at 6:32 pm to
It dipped a little last time, but never really got close to the share offering price. This offering could be good for the company if their plan is just to move faster than they have been. I remember the CEO saying he didn’t think they would have to raise any more capital though which is the only reason I’m thinking they may be switching strategies a little.

Edit- I remember people selling hoping to buy in a the share offering price. It never got there and they ended up buying back higher than they sold.
This post was edited on 8/20/21 at 6:33 pm
Posted by Krayfish11
Member since Aug 2021
27 posts
Posted on 8/20/21 at 6:37 pm to
I would say this means no JV anymore. Can we finally put a nail in that coffin?
Posted by PotatoChip
Member since May 2014
4198 posts
Posted on 8/20/21 at 6:41 pm to
The jv is happening regardless. It has to for not only SLI, but it’s free money for Lanxess. This means, they will advance other projects faster outside of the Lanxess site in Smackover
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 8/20/21 at 6:51 pm to
No idea how you reached that conclusion....
Posted by KCRoyalBlue
Member since Nov 2020
1502 posts
Posted on 8/20/21 at 6:54 pm to
So, is this good or bad for shareholders? Lol.
Posted by jimjackandjose
Member since Jun 2011
6635 posts
Posted on 8/20/21 at 7:01 pm to
It could be interpreted good or bad.

Bear would interpret it as JV wavering and they need the cash option to move forward at all

Bull would say JV gets signed and company wants to move faster on their own with no additional JVs, they now have the funding to do so and the understanding of how to build out a commercial plant more efficiently after letting lanxness absorb the costs of learning how to build the initial commercial buildout.


Bear case doesnt make a lot of sense considering there has been zero indication by either party that the technology is not as advertised and lanxness is wavering. I think SLI is tired of their bullshite because they know they are slowly losing the advantage of first to market.
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