re: Diving deeper on Standard Lithium?

quote:

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Mintak and his cronies picking up more shares first

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Robert probably organized this coordinated attack. 4D chess.

I feel like nobody’s answering the question of what if the process doesn’t work good

Looks like he's from up north.

LSU baws don't wear red.

Then it’s fricked!

Sorry y’all I’m gonna take a break for few days. Dealing with some personal shite I’m on edge

Been in since .96 but this news today got me. I am out. I hope SLI is legit. It being successful would mean a lot to the south Arkansas area.

Reading this makes me angry, ha. They bring up a couple of valid points but most of this is clearly a biased author misrepresenting quotes and information.

So the reported numbers check out. Sort of.

The logic does not.

Blue Orca claims the plant is degrading in efficiency rapidly. Then why does the recovery jump from 7% in Q4 of ‘20 to 30% in Q1 ‘21?

Also, 7% and 11% recovery is just ludicrous. There is a reason for that, and the answer is not because the recovery process is 80% less efficient than they thought.

My theory on the discrepancy here is that for large periods of time brine was simply bypassing the processing unit. Still running through the Standard plant pipeline(because Lanxess depends on that brine flowing for well pressure regulation, and there isn’t a point to constantly redirecting that flow as SLI wants raws) but not being processed. SLi would still have to report this as “tail brine throughput at the pilot plant” but it isn’t being used.

I wonder if it is just costly to run the pilot plant and potentially have no revenue from the LiCl. Still don’t know if any of this product is actually saleable. If they hit their numbers, no point in continuing to run up OPEX just to pump the product straight back into the ground.

The quotes from Lanx execs are ridiculous. Orca claims Lanxess has publicly stated that the process isn’t fully proven yet. Then proceeds to quote a statement from the Q1 financials. Well, the Sift unit was still sitting in Canada in Q1 so of freaking course it wasn’t fully proven then. Almost an entire year has passed since that statement.

Plenty of similar nonsense in this report.

They do raise some decent questions, such as why hasn’t more Lithium carb been produced. But the reasonable doesn’t outweigh the pointed attacks. This was clearly a coordinated hit piece. I look forward to SLI’s rebut.

I’m down like 2 NT’s today rip

Nobody should feel bad about dumping stock. “Don’t be married to your stock” is what they say. This is still speculative and there is no value in martyring yourself to something you aren’t sure about. You can still get back in. I dumped all of mine this morning and then bought back lower

I wouldn’t even acknowledge the shorts. Tipping off your an emotional mess about the day to day equity value of the company is an amateur look. Granted I haven’t read the thesis so if they said anything outside of fundamentals like claims of fraud then you have to respond.