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re: Diving deeper on Standard Lithium?

Posted on 10/9/21 at 11:09 am to
Posted by Grassy1
Member since Oct 2009
7258 posts
Posted on 10/9/21 at 11:09 am to
So do we know if there is a relationship between Galvanic Energy and SLI?

Posted by L LiSTR
El Dorado AR
Member since Sep 2021
198 posts
Posted on 10/9/21 at 11:12 am to
And not gripping either, but in this time of tech, these Investors also look for tweets n updates,and when you just floating n water THEY can’t tell if you dead or alive either, so come on now get with the BIG stream SLI,so Big Investors will notice your splash
Posted by L LiSTR
El Dorado AR
Member since Sep 2021
198 posts
Posted on 10/9/21 at 11:14 am to
We still at the dance, lots lining the wall and we better smile and show some clevage
Posted by Grassy1
Member since Oct 2009
7258 posts
Posted on 10/9/21 at 11:21 am to
"The Smackover in Southern Arkansas produces 40 percent of the world’s bromine. Albemarle Corp. and Lanxess Corp are the primary bromine producers, with operations near Galvanic’s acreage position. Lithium extraction is currently being developed by Standard Lithium in cooperation with Lanxess."

Galvanic Energy's Website

I'm sure this has been discussed, but I didn't recall the details. So Galvanic has supposedly secured 100,000 acres of supposedly lithium rich brine in the Smackover formation.

I guess this fits in somewhere at sometime with SLI?

FYI, Galvanic is a privately held venture.


Posted by L LiSTR
El Dorado AR
Member since Sep 2021
198 posts
Posted on 10/9/21 at 11:26 am to
I guess the fact they would tweet this out means they are in or interested in the Smackover GOLD area? No sure just sharing info I follow and passin it on to the group to digest, or chew on....
This post was edited on 10/9/21 at 11:28 am
Posted by SmackoverHawg
Member since Oct 2011
28913 posts
Posted on 10/9/21 at 11:33 am to
quote:

So Galvanic has supposedly secured 100,000 acres of supposedly lithium rich brine in the Smackover formation.

They have indeed.

quote:

I guess this fits in somewhere at sometime with SLI?


Possibly. They did appear to be aligning with Lilac, but all their CEO ever talks about in the last several months is SLI. I don't know that there are any brine sites on their properties. Could be some old depleted ones that have been abandoned.

They are operating here under the name Saltwerx.

Posted by SmackoverHawg
Member since Oct 2011
28913 posts
Posted on 10/9/21 at 11:35 am to
quote:

So do we know if there is a relationship between Galvanic Energy and SLI?


No we don't. Just that their CEO has not mentioned Lilac that I have seen since the initial announcement of their leasing in south Arkansas. Seems to be a big SLI fan and if one interview said "wehave a demo plant operating there now in south Arkansas."
Posted by SmackoverHawg
Member since Oct 2011
28913 posts
Posted on 10/9/21 at 11:47 am to
quote:

So, is SLI ahead or behind the curve on commercialization?

Ahead. Way ahead on GREEN lithium extraction. Not all DLE is green as Joe mentions. Some are still mining and destroying the land, using shite tons of fossil fuels and energy to make slurries or brine they extract from. It's just skipping the evaporation part and speeding up the process.

They are the only true DLE that I know of that is producing at a industrial scale. The demo plant can produce up to 150 tons/year (maybe 250) and has been running and producing lithium hydroxide for over a year. The only question is can it be scaled up efficiently to produce hundreds of thousands of tons? I believe the answer is yes. If not, Lanxess would be done with it and there would be no need for carbon capture. There would also be no need for SLI to continue to hire.

Think about it. Why expend money, resources and time on shite that don't work? And Parabas did immense/in depth DD before investing in SLI. They were happy with what they saw.
Posted by SmackoverHawg
Member since Oct 2011
28913 posts
Posted on 10/9/21 at 12:11 pm to
Wouldn't be shocked to them them show revenue for Q3. Q3 earnings report due as is yearly.

One thing that could be slowing down PEA is the oil and brine commission has yet to meet and determine lithium royalty prices. That's why the two I know are having to sell their SLI due to conflict of interest. Hard to get numbers if you don't know royalty cost. Should be determined in couple months or at least start the process, but it's not set. But there is a reason it's being determined now as lithium production is expected to be significant before too long. Is supposed to be settled before first of year.

Downside is that 5 of the 9 are from south Arkansas and will likely push for higher royalties than the other 4.
Posted by Grassy1
Member since Oct 2009
7258 posts
Posted on 10/9/21 at 2:37 pm to
Royalties to whom?

The state?
Posted by SmackoverHawg
Member since Oct 2011
28913 posts
Posted on 10/9/21 at 3:13 pm to
quote:

Royalties to whom?

Lease owners.
Posted by jimjackandjose
Member since Jun 2011
6630 posts
Posted on 10/9/21 at 5:10 pm to
Mineral rights apply here? I would assume so
Posted by SmackoverHawg
Member since Oct 2011
28913 posts
Posted on 10/9/21 at 6:01 pm to
Yeah.
Posted by KCRoyalBlue
Member since Nov 2020
1496 posts
Posted on 10/10/21 at 8:12 pm to
Predictions for tomorrow or this week?

Can't go a whole day without a post on this thread. Lol.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 10/10/21 at 8:15 pm to
Probably lose the rest of my money. Should buy puts out the wazoo
Posted by Nguyener
Kame House
Member since Mar 2013
21057 posts
Posted on 10/10/21 at 8:52 pm to
quote:

Predictions for tomorrow or this week?


Slow but Steady growth with occasional spikes and falls but slowly increasing settle points and floors.
Posted by jamiegla1
Member since Aug 2016
7553 posts
Posted on 10/11/21 at 6:02 am to
quote:

Predictions for tomorrow or this week?

I predict that we will predict "big news this week"
Posted by el Gaucho
He/They
Member since Dec 2010
56748 posts
Posted on 10/11/21 at 7:02 am to
Dang the standard lithium Twitter page retweeted a bunch of aoc tweets over the weekend
Posted by Tower_Tiger12
Member since Jan 2021
980 posts
Posted on 10/11/21 at 7:16 am to
Showing up 4.12% pre market
Posted by jimjackandjose
Member since Jun 2011
6630 posts
Posted on 10/11/21 at 7:53 am to
Very low volume. Will see how it holds up
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