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re: Diving deeper on Standard Lithium?

Posted on 3/1/21 at 10:13 am to
Posted by Drunken Crawfish
Member since Apr 2017
3822 posts
Posted on 3/1/21 at 10:13 am to
quote:

Standard Lithium Ltd. (SLL.V), a technology and lithium project development company, was at last look up another 9%, adding to the 4% gained last Friday, after reporting Monday the conversion of lithium chloride produced from its LiSTR direct lithium extraction plant in Arkansas into 99.985% pure lithium carbonate using OEM technology.

Veolia Water Technologies completed the conversion at its facility in Plainfield, Illinois.

As part of a process to derisk its Arkansas lithium project, Standard Lithium also used its own patent-pending SiFT technology to convert the lithium chloride solution into a battery-quality material.

Following the successful conversion, the company said it has demonstrated two separate crystallization flowsheets that can take lithium chloride produced from the Smackover formation brine and convert it into high purity battery-quality lithium carbonate.

Standard Lithium said it continues to optimize its flowsheet, with a view to expand product offerings from the Smackover resource. The company has started work to assess the feasibility of directly converting lithium chloride from the plant into battery-quality lithium hydroxide.


ETA:

quote:

The Company has now successfully demonstrated two separate crystallisation flowsheets that can take lithium chloride produced from the Smackover Formation brine and convert it into high purity battery-quality lithium carbonate.

As the Company continues to move towards commercialisation, successful demonstration of alternative technologies in key areas of the flowsheet allows it to reduce project execution risk and offers greater flexibility regarding the final flowsheet that will be deployed at commercial scale.


So it sounds like they used their patented SiFT technology and conventional technology and they both produced battery-quality lithium carbonate. I am curious what the process times are
This post was edited on 3/1/21 at 10:30 am
Posted by SmackoverHawg
Member since Oct 2011
27329 posts
Posted on 3/1/21 at 2:22 pm to
Bout 6 hours from brine to finished product. Initial projection was 72 hours.
Posted by SmackoverHawg
Member since Oct 2011
27329 posts
Posted on 3/1/21 at 2:33 pm to
Was planned for 25 with existing leases.
Posted by GREENHEAD22
Member since Nov 2009
19590 posts
Posted on 3/1/21 at 2:52 pm to
So when will we be saying hey to the mars rover?
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 3/1/21 at 2:58 pm to
Posted by Tower_Tiger12
Member since Jan 2021
788 posts
Posted on 3/1/21 at 3:06 pm to
That is... very impressive. With that and the press release about purity from this morning almost have to wonder when do we take off again.
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
2825 posts
Posted on 3/1/21 at 3:18 pm to
Get the hats and T-shirts ready... This thing’s got legs now.
Posted by boomtapp
Houston, Tejas
Member since Nov 2007
670 posts
Posted on 3/1/21 at 5:29 pm to
I'd really like to have this one take off. My largest holding by value at this point and have it in my ROTH, HSA, and a brokerage account somehow...
Posted by GREENHEAD22
Member since Nov 2009
19590 posts
Posted on 3/1/21 at 6:17 pm to
That's commitment.
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
2825 posts
Posted on 3/1/21 at 6:19 pm to
quote:

Standard Lithium

quote:

My largest holding by value


If this thing actually takes off, you should probably reconsider your risk factor going forward.
Posted by boomtapp
Houston, Tejas
Member since Nov 2007
670 posts
Posted on 3/1/21 at 6:22 pm to
Its relative - My Roth is pretty small - haven't done backdoor conversions in several years and have a larger traditional IRA. I use the ROTH and HSA for trading and use the Traditional for VOO, QQQ, boring plays.

Oh and "I like the stock."
Posted by jimjackandjose
Member since Jun 2011
6496 posts
Posted on 3/1/21 at 6:25 pm to
My largest holding as well and I need 4700 more shares to reach my goal.
1B market cap isnt unreasonable and puts us close to 10 dollars per share
Posted by GREENHEAD22
Member since Nov 2009
19590 posts
Posted on 3/1/21 at 6:35 pm to
I may add some more tomorrow. In my Roth.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 3/1/21 at 6:39 pm to
Wake me up when it hits $20
Posted by GeneralLee
Member since Aug 2004
13104 posts
Posted on 3/1/21 at 6:50 pm to
quote:

If this thing actually takes off, you should probably reconsider your risk factor going forward.


Nah.... if it takes off that means we were right! And if it does take off I really don't see it dipping hard after liftoff. I might sell some at $15 or $20 to get some money off the table, but intend on holding 80%+ of my shares probably at least 3-5 years. Once this gets uplisted and goes commercial we are looking at a very different company and investor base.
Posted by jimjackandjose
Member since Jun 2011
6496 posts
Posted on 3/1/21 at 6:52 pm to
Uplist and 1 major brand name contract and I dont see this aa a company that doesnt have 5 to 10B market cap
Posted by GeneralLee
Member since Aug 2004
13104 posts
Posted on 3/1/21 at 7:28 pm to
quote:

Uplist and 1 major brand name contract and I dont see this aa a company that doesnt have 5 to 10B market cap


I'd love to see them enter the JV officially with a 40% stake, not the 30% stake. We'll see. They had a post-tax NPV of ~$1B from their projections in one of the powerpoints from last year, but I think that's a very conservative set of assumptions they used.
Posted by Guntoter1
Baton Rouge
Member since Nov 2020
1013 posts
Posted on 3/2/21 at 5:00 am to
Share value will continue to grow for at least 10 yesrs
Posted by SmackoverHawg
Member since Oct 2011
27329 posts
Posted on 3/2/21 at 9:01 am to
Up this am, but I saw $3.95 and almost shite, then I realized it was RIG.
Posted by Capt ST
Hotel California
Member since Aug 2011
12817 posts
Posted on 3/2/21 at 9:44 am to
In due time.
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