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re: Diving deeper on Standard Lithium?

Posted on 3/20/21 at 3:19 pm to
Posted by SmackoverHawg
Member since Oct 2011
28923 posts
Posted on 3/20/21 at 3:19 pm to
quote:

General Lee
.
Most are oblivious to it. Very little local talk. Won’t create many jobs, likely less than 20 total. Will be a little work for contractors but they’ve been using outside contractors mostly.
This post was edited on 3/20/21 at 3:39 pm
Posted by SmackoverHawg
Member since Oct 2011
28923 posts
Posted on 3/20/21 at 3:20 pm to
Apologies for my rambling response. Started out to post a nice, concise response.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 3/20/21 at 3:33 pm to
How do the mineral leases work with landowners? Do they get a certain percentage royalties from the brine water pumped from their acreage? Curious how all of that is set up.
This post was edited on 3/20/21 at 3:44 pm
Posted by SmackoverHawg
Member since Oct 2011
28923 posts
Posted on 3/20/21 at 4:00 pm to
Not exactly sure. They’ve been pretty standard prices. Not sure if the lithium boom has affected it. I think they are 30 year leases and were renewed in the past six months. I believe the large investor from El Dorado is the owner of their largest and most lithium rich lease. Don’t know for sure, but he’d have the money for the initial $1million or so investment and enough to exercise options. Lease renewed, no word of premium prices paid. Probably let bigger lease owners in early, many of the others have no clue about any of it and just get their mailbox money wherever they live now.

Was looking at a map of lithium brine concentrations, appears my land is “Smack” dab in the middle of it. There are rumors of them looking for sites for new brine wells, but that may just be rumors. Some of the Germans do hunt my stuff and it’s not far from lanxess as the crow flies.

I’d never get that lucky!!! I’d 100% take a special offering and royalties!!
Won’t get my hopes up on that!!!
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 3/22/21 at 8:34 am to
3.15 this morning, wow!
Posted by BallsEleven
Member since Mar 2019
6163 posts
Posted on 3/22/21 at 8:40 am to
quote:

3.15 this morning, wow!


Where do you look for the price? Everything I watch is very delayed.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 3/22/21 at 8:43 am to
Fidelity has real time quotes.
Posted by Dock Holiday
Member since Sep 2015
1743 posts
Posted on 3/22/21 at 8:45 am to
quote:

Where do you look for the price? Everything I watch is very delayed.


Schwab shows 3.13 as I type this, they are not as delayed as some (looking at you e-trade)
Posted by Grassy1
Member since Oct 2009
7321 posts
Posted on 3/22/21 at 8:56 am to
I watch it at CNBC dot com
This post was edited on 3/22/21 at 9:01 am
Posted by Fe_Mike
Member since Jul 2015
3538 posts
Posted on 3/22/21 at 9:07 am to
I have no idea why it’s doing this but I like it!
Posted by Guntoter1
Baton Rouge
Member since Nov 2020
1302 posts
Posted on 3/22/21 at 9:33 am to
We won’t see less than $3 ever again
Imo
Posted by Fe_Mike
Member since Jul 2015
3538 posts
Posted on 3/22/21 at 9:36 am to
This feels like the start of the run to $4 and an uplisting application.
Posted by PotatoChip
Member since May 2014
4193 posts
Posted on 3/22/21 at 9:46 am to
Trading volume is higher than normal Today at almost 200k shares already.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 3/22/21 at 9:54 am to
quote:

This feels like the start of the run to $4 and an uplisting application.


Fully loaded boys! Glad I topped the boat last week sub $3. Like y'all said, feels like this will never go below $3 again.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
33907 posts
Posted on 3/22/21 at 10:11 am to
I've been inspired by the AMC folks...I'm not selling before $1,000/share.
Posted by CollegeFBRules
Member since Oct 2008
24785 posts
Posted on 3/22/21 at 11:11 am to
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 3/22/21 at 1:30 pm to
Crap - meant to buy more Friday and forgot
Posted by CollegeFBRules
Member since Oct 2008
24785 posts
Posted on 3/23/21 at 6:14 am to
Ask is showing $3.65 this morning. Looks to be a good opening.

Edit: Never mind, $3.25 now. I swear, I’m never quoting a pre-hour ask price for this stock again.
This post was edited on 3/23/21 at 6:19 am
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 3/23/21 at 8:54 am to
$3.3 this morning!
Posted by CollegeFBRules
Member since Oct 2008
24785 posts
Posted on 3/23/21 at 8:54 am to
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