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re: Diving deeper on Standard Lithium?

Posted on 10/5/21 at 5:04 pm to
Posted by SmackoverHawg
Member since Oct 2011
28913 posts
Posted on 10/5/21 at 5:04 pm to
quote:

if Tetra has no piece of this, is the capex to get the brine out of the ground prohibitive.

Shouldn't be. The brine wells are on the Tetra site that supplied their sodium plant. The plant is still there. Don't know if it's being modified but it does have drying and packaging which should function for the lithium as well. It is being staffed.
Posted by SmackoverHawg
Member since Oct 2011
28913 posts
Posted on 10/5/21 at 5:08 pm to
quote:

Are you saying that this is a buying opportunity?


Yes.

quote:

Could the PEA not come back favorable and torpedo this thing?


Doubtful. I think the PEA is going to be very, very good. I wonder if they are waiting for their year end report to give PEA or do it just before or after. Their fiscal year ended in June. It's due sometime in October.
Posted by GeneralLee
Member since Aug 2004
13875 posts
Posted on 10/5/21 at 5:13 pm to
Someone just bought 3k shares at $7.20 in the aftermarket. Kinda rare to see that large of a buy that much over the closing price in the after hours. Today kinda feels like a few weeks ago when it hit $5.08. A day or two later the sift plant PR came out and we were back at close to $7. Hopefully the PR cavalry is on the way soon...
Posted by GrizzlyAlloy
Member since Aug 2020
2581 posts
Posted on 10/5/21 at 7:29 pm to
We need Ed O out there slangin' Hummer EV's to drive up lithium demand.
Posted by PotatoChip
Member since May 2014
4190 posts
Posted on 10/5/21 at 8:58 pm to
I would like to personally apologize for the SLI “holdup” or slow moving news cycle. I have a history of selling companies for a small profit, but before they really take off. They have probably been on waiting on be to drop my 19k shares, but joke’s on them. I’m not going anywhere this time. Once Mintak realizes this, he will probably give in and start releasing the entire news cycle we’ve all been waiting on. I will actually make it over 20k shares if it drops much more.
Posted by igoringa
South Mississippi
Member since Jun 2007
11901 posts
Posted on 10/6/21 at 4:42 am to
Down 7 percent in Frankfurt again ….. completely self inflicted for missing self disclosed timeline. Very frustrating.
Posted by BallsEleven
Member since Mar 2019
6163 posts
Posted on 10/6/21 at 5:11 am to
I fully expect low 6’s/high 5’s before it turns around.
Posted by el Gaucho
He/They
Member since Dec 2010
56742 posts
Posted on 10/6/21 at 6:20 am to
We’re gonna see 4s today
Posted by jimjackandjose
Member since Jun 2011
6630 posts
Posted on 10/6/21 at 6:26 am to
Yep. Whole pre market and asian markets ugly

I said 6.50 but at this rate, might average down vs all in at 6.50.
Posted by el Gaucho
He/They
Member since Dec 2010
56742 posts
Posted on 10/6/21 at 6:37 am to
I heard they shut down Sli facilities today for diversity training because a bird pooped on the George Floyd statue
Posted by jimjackandjose
Member since Jun 2011
6630 posts
Posted on 10/6/21 at 6:51 am to
I lost about 30K thinking that pea was coming. Held a lot of shares I had sell orders in for

Missing that timeline is pretty inexcusable unless they are about to drop a MOAB of news
Posted by el Gaucho
He/They
Member since Dec 2010
56742 posts
Posted on 10/6/21 at 6:53 am to
They won’t release anything

Maybe they can give us a hopium drip at the hospital when they put us on the ventilator
Posted by SmackoverHawg
Member since Oct 2011
28913 posts
Posted on 10/6/21 at 7:02 am to
quote:

I lost about 30K thinking that pea was coming. Held a lot of shares I had sell orders in for

Missing that timeline is pretty inexcusable unless they are about to drop a MOAB of news


I think a MOAB is coming, but then again I'm down about a half million $'s from the most recent high if we open around AH prices. Managed to turn $50k into $40k just this week!!!

May get some more today. I'm a glutton for punishment. If I do, we go into the 5's for sure. I did predict a precipitous price decline when I made my last purchase for those hoping for a dip to accumulate shares. Seems like the same story as last time. People wanted a dip. Got the dip after no PR for a bit, then little PR, Cramer and we RICH!!!! Couple weeks pass, arbitrary deadline passed and we poor. I'm will to bet another $50k or so that we be rich again in the next week or two.

But I've been shite at timing some of these dips so far as depth and length. And with everything red across the board...take yo panties off!!!! Time for some old style tighty whitey man drawers.
Posted by SmackoverHawg
Member since Oct 2011
28913 posts
Posted on 10/6/21 at 7:09 am to
quote:

They won’t release anything

Maybe they can give us a hopium drip at the hospital when they put us on the ventilator


IMO that podcast wasn't just coincidence. He was in Germany doing business and he was in a good mood. Joe Lowry who is big on SLI, seems to really like them, referred to Mintak and Cross as "lithium royalty". Mentioned talking to "groups" and investors. They going global baws. Not to mention the shoutout to Johnny Joseph that is head supervisor for the contractor that will be doing most of the work on the build out.

All the podcasts I've seen have had tidbits of info that played out down the line. I think they will be extracting lithium for Lanxess in Germany on those 30-60 brine sites they've accumulated and I wouldn't be surprised to see them work something out with Livent.
Posted by Who_Dat_Tiger
Member since Nov 2015
22208 posts
Posted on 10/6/21 at 7:29 am to
Lesson learned: sell at $9! Fall off a cliff every time we surpass it
Posted by LChama
Member since May 2020
2647 posts
Posted on 10/6/21 at 8:20 am to
quote:

Lesson learned: sell at $9! Fall off a cliff every time we surpass it


Thats exactly what they want you to think
Posted by el Gaucho
He/They
Member since Dec 2010
56742 posts
Posted on 10/6/21 at 8:23 am to
I saw something today that made me sad

I saw my old email to Sli about the shirts and said I’d write them a song if they got to 10

That was 12 years ago
Posted by Beerinthepocket
Dallas
Member since May 2011
869 posts
Posted on 10/6/21 at 8:25 am to
Yeah, don’t forget that 3.5 million share purchase by that fund on Sept 30 at around $8. The smart money knows this stock is worth more than that, don’t let a minor speed bump make you forget it.
Posted by el Gaucho
He/They
Member since Dec 2010
56742 posts
Posted on 10/6/21 at 8:26 am to
quote:

Yeah, don’t forget that 3.5 million share purchase by that fund on Sept 30 at around $8

Wow they’re holding bag harder than we are
Posted by L LiSTR
El Dorado AR
Member since Sep 2021
198 posts
Posted on 10/6/21 at 8:28 am to
Woke from my CRYTO frozen state....said not to thaw me til JV hit....THAWED and this tiger ready to NAW! Just FYI if it gets under 6. Im gonna buy 250K worth of shares, then go back into cryogenic tank with my whitey tighty drawers on til JV
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