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re: Diving deeper on Standard Lithium?

Posted on 8/21/21 at 8:22 am to
Posted by Pendulum
Member since Jan 2009
7601 posts
Posted on 8/21/21 at 8:22 am to
Someone down voted me,

Just an FYI, that was sarcastic humor, you can bet your arse ima be walking around town in one of the SLI hats if they send me a box.

I'm a fully functioning idiot.
This post was edited on 8/21/21 at 1:51 pm
Posted by Tower_Tiger12
Member since Jan 2021
983 posts
Posted on 8/21/21 at 8:44 am to
Just make sure you get some XXL’s for the big and tall baws in here
Posted by tigersint
Lafayette
Member since Nov 2012
3562 posts
Posted on 8/21/21 at 9:06 am to
He never replied to my email either
Posted by supadave3
Houston, TX
Member since Dec 2005
31137 posts
Posted on 8/21/21 at 10:45 am to
quote:

I'm fiending for a hat and a shirt. Hope you become my supplier.



shite yeah, me too. I didn't buy 504 shares for nothing. I'd put a bumper sticker on my car too. Line it up, Pendulum.
Posted by Shamoan
Member since Feb 2019
11537 posts
Posted on 8/21/21 at 10:13 pm to
Not trying to hurt feelings or prospects of a hat, but I think the CEO no longer responding to merch requests is an excellent sign.
Posted by nsudemon10
EBRP
Member since Dec 2010
580 posts
Posted on 8/22/21 at 5:29 am to
You think SLi dropped any this past week because of the Chinese potentially getting hold of the lithium mining in Afghanistan? It has been mentioned on TV more than once. I would hope not.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 8/22/21 at 6:51 am to
A poster on ST alluded to the fact that the JV is structured such that SLI has the option to invest in equal amounts alongside Lanxess in projects. Do you have any more insight into how that works? Curious if it’s a hint to come with the shelf offering. So if they had the capital to co-invest, can they get to more like 60 or 70% of the project earnings?
Posted by el Gaucho
He/They
Member since Dec 2010
56840 posts
Posted on 8/22/21 at 9:08 am to
Damn sorry baws I must’ve ruined it for y’all

He probably found out we’re all unvaccinated
Posted by molsusports
Member since Jul 2004
36672 posts
Posted on 8/22/21 at 9:22 am to
quote:

You think SLi dropped any this past week because of the Chinese potentially getting hold of the lithium mining in Afghanistan?


No. That's not a fear I have.

The amount of sustained force that an occupying military has to devote to occupation makes it a stupid investment.
Posted by SwampCollie
Louisiana
Member since Nov 2018
284 posts
Posted on 8/22/21 at 1:16 pm to
quote:

The amount of sustained force that an occupying military has to devote to occupation makes it a stupid investment.


This is 100% accurate....if we ignore the possibility of "unofficial partnership" (TM 2022). The disaster scenario is:

CHINA: "Hello new Afghan Mgmt, you're sitting on billions of minerals but no chance you can get to it.. Allow our team drama free access to extract and we'll give you ___(cash, weapons, food, whatever)___ "

AFGHAN: This sounds better than our other options. Deal.
This post was edited on 8/22/21 at 1:21 pm
Posted by molsusports
Member since Jul 2004
36672 posts
Posted on 8/22/21 at 2:36 pm to
I suppose anything is possible but I don't think so. You're still talking about the overhead of security and bribery on top of the typical costs of exploring, construction, establishing support and supply lines.

If the Afghans were to partner with another group it would more likely be someone like the Pakistan government who are more aligned with their interests. The history of the Chinese and Russians obviously doesn't endear them to the Taliban or Muslims in general.
Posted by SmackoverHawg
Member since Oct 2011
28961 posts
Posted on 8/22/21 at 3:03 pm to
quote:

A poster on ST alluded to the fact that the JV is structured such that SLI has the option to invest in equal amounts alongside Lanxess in projects. Do you have any more insight into how that works? Curious if it’s a hint to come with the shelf offering. So if they had the capital to co-invest, can they get to more like 60 or 70% of the project earnings?


I don't know the details of how it works. It's never been discussed in any detail. The assumption was that SLi could shoulder a larger portion of the costs to achieve the 60/40 split. They have already funded more than initially agreed with the public offering in Dec 2020. That's a small percent of an estimated $430-$474million dollar project, but it's still money spent. I think it's also to raise money if needed for Tetra project and some other projects that Lanxess may have. They don't want to dilute ownership more than they have to. They're diluting their own as well. It may also help them secure financing at currently historically low rates. They have $30.2million on hand I think and zero debt. They zero debt is especially nice to see. They seem to be extremely frugal with their investors money, it helps that they know many of their large investors personally. There have been a lot of new opportunities and unforeseen obstacles (COVID) since the original agreement. Tetra was a known project, but I THINK they are now planning to ramp it on up. That is all theirs and not Lanxess. Lanxess benefits by owning over 7%+ of SLi and stands to benefit greatly from anything SLi does outside of their joint venture. I own a nice chunk of Lanxess, so I'd love to see a deal that maximizes opportunities, profits and stock price for both parties.
Posted by KCRoyalBlue
Member since Nov 2020
1502 posts
Posted on 8/22/21 at 11:10 pm to
Everyone ready for another fun-filled week of SLI?

Predictions?
Posted by Hogwallop
Member since Jul 2021
413 posts
Posted on 8/23/21 at 4:17 am to
I was expecting a dip but its up 5% in Germany.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 8/23/21 at 4:42 am to
Nice! Yeah I’m crossing fingers that the dip we had was in the after hours on Friday. I think long term investors are in the drivers seat on this one and the tea leaves on the need for a shelf offering are bullish if you really think long and hard about it.
Posted by Dock Holiday
Member since Sep 2015
1746 posts
Posted on 8/23/21 at 7:33 am to
quote:

bullish if you really think long and hard about it.



There must be some hard thinking going on, bid/ask is currently $6.65/$6.73
Posted by Fe_Mike
Member since Jul 2015
3538 posts
Posted on 8/23/21 at 7:39 am to
Wonder if it’s one of the rare times the Friday afternoon PR was good.

If this was a trading morning PR I guarantee we would have seen a sharp drop as a knee jerk reaction. But giving people the weekend to think about what this actually might mean is paying off.

Maybe. Still gotta open the market ha.
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3179 posts
Posted on 8/23/21 at 9:10 am to
quote:

Everyone ready for another fun-filled week of SLI?

Predictions?


Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 8/23/21 at 9:29 am to
Glad to see green, was expecting red, but it’s lagging other lithium stocks pretty bad today.
Posted by CollegeFBRules
Member since Oct 2008
24785 posts
Posted on 8/23/21 at 9:43 am to
quote:

but it’s lagging other lithium stocks pretty bad today.


This is what I’m keeping a close eye on. This gives me some concern.
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