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re: Diving deeper on Standard Lithium?

Posted on 10/14/21 at 8:41 am to
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 10/14/21 at 8:41 am to
$10 resistance is going to be tough to break.
Posted by Fe_Mike
Member since Jul 2015
3538 posts
Posted on 10/14/21 at 8:43 am to
Oof that $10 wall is gonna be tough to break through. Thrashed when it hit it. I believe I'll be happy consolidating in the 9's for a bit.
Posted by Fe_Mike
Member since Jul 2015
3538 posts
Posted on 10/14/21 at 8:44 am to
Posted by el Gaucho
He/They
Member since Dec 2010
56782 posts
Posted on 10/14/21 at 8:44 am to
Yeah see y’all at 6
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 10/14/21 at 8:45 am to
Nah I want to see us bust through $10, and I can't flip my Roth shares again for another 3 days without getting a good faith violation.
Posted by jimjackandjose
Member since Jun 2011
6631 posts
Posted on 10/14/21 at 8:49 am to
Who did it!
Posted by jimjackandjose
Member since Jun 2011
6631 posts
Posted on 10/14/21 at 8:50 am to
Damn you flipped them all??
Posted by Hogwallop
Member since Jul 2021
413 posts
Posted on 10/14/21 at 8:51 am to
I bought it for a quick flip, hopefully
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 10/14/21 at 8:51 am to
I don’t mind being bound between say 8 and 10 for awhile
Posted by el Gaucho
He/They
Member since Dec 2010
56782 posts
Posted on 10/14/21 at 8:51 am to
Thanks for lending your shares and swinging bro!
Posted by el Gaucho
He/They
Member since Dec 2010
56782 posts
Posted on 10/14/21 at 8:55 am to
quote:


I don’t mind being bound between say 8 and 10 for awhile

Cringe

Wen 20
Posted by Who_Dat_Tiger
Member since Nov 2015
22263 posts
Posted on 10/14/21 at 8:56 am to
Looks like $10 is the new $9. Here comes the cliff dive
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 10/14/21 at 8:57 am to
We'll be fine. This is not going sub $8 again (frankly I think we might not go sub $9 again but who knows). Tetra PEA is a huge game changer on what the value of this is going to be.
Posted by Hogwallop
Member since Jul 2021
413 posts
Posted on 10/14/21 at 9:00 am to
quote:

I bought it for a quick flip, hopefully


sold
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
3374 posts
Posted on 10/14/21 at 9:11 am to
Everybody panic!!!

.....

To the moon!!!


Wild
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 10/14/21 at 9:13 am to
Gonna take 3 or 4 ramming attempts to break through $10 imo. Might even take the JV PR to get above $10 and stay there.
Posted by SmackoverHawg
Member since Oct 2011
28919 posts
Posted on 10/14/21 at 9:14 am to
People forget this bitch is Ruth from Ozark. She fights back. If SLI had a voice, that's how I think she'd sound, look and act. It is in Arkansas.
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
3374 posts
Posted on 10/14/21 at 9:14 am to
It’ll take a few attempts of course, but its inevitable. The way this thing is moving this week, I see us get 12-13 very soon and fall back in the 10-11 range
This post was edited on 10/14/21 at 9:18 am
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
3374 posts
Posted on 10/14/21 at 9:19 am to
Yep! She’s tougher than woodpecker lips
Posted by SwampCollie
Louisiana
Member since Nov 2018
284 posts
Posted on 10/14/21 at 9:20 am to
SLI is still WAY under the masses radar...

As a data point I monitor StockTwits followers.... currently at 1830. In the last 2 months its only increased 300.

Copy/Paste Insight from Yahoo Finance:

Operating Costs section.
AISC - all in operating costs for lithium hydroxide is $2599/US tonne, one of the lowest reported for the industry.
.....Second, one of the principal reagents to recover lithium is hydrocloric acid - shich is a by product of the LiSTR process - giving back 50% of the reagent hydrocloric acid - back to be used. COST SAVINGS
.....Electrical costs for the LiSTR electro chemical process is in south Arkansas at less than 6 cents kw/hr one of the lowest in the USA. COST SAVINGS
.....Sensativity Analysis Section deals with Lithium Hydroxide and price of product in market demand and costs at sales figured at $14,500 per tonne - LOW BALL
Google current price is now $16,000 per tonne - a bonus of $1,500 per tonne at the top of sales .
.....UNDER TABLE 5 ; goes over the concentrations of Lithium in northern verses southern wells - really detailed - and southern wells are the highest concentrations therefor the higher gross profits - and that is where our LiSTR is drawing from first = higher profits from higher concentrations. Seee Project Developement section rating output at 400 mg/liter to 160 mg/literm siuthern verses northern. Still a 20 year life. of mine....
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