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re: Diving deeper on Standard Lithium?

Posted on 3/24/21 at 8:59 pm to
Posted by LSUGrad2005
Member since Aug 2018
727 posts
Posted on 3/24/21 at 8:59 pm to
Thanks for your response. The question was not meant to be, does anyone know what is going to happen; I was just looking for people opinions or guesses.

Because we are all really just guessing, right?
Posted by Guntoter1
Baton Rouge
Member since Nov 2020
1302 posts
Posted on 3/25/21 at 12:11 am to
quote:

ETA: I am looking for long term investment just curious to others that probably dug more than me?


Potential growth for next 10 years according to the COO Andy Robinson
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 3/25/21 at 5:48 am to
As far as rate of growth in the future, I think you’ll see the highest returns over the next year (going to $10-20/share) as the JV gets finalized, commercial production starts, uplisting, FOMO hits from retail traders, etc. After that, probably a lower annualized but still healthy return going to $30-50/share in a few years as they expand commercial production footprint and become a more mature company. I am holding all shares until long term capital gains hit, then will take a portion off to reallocate to rediversify my portfolio at that point as it will be a massive position in my portfolio at $10-20/share.
Posted by jimjackandjose
Member since Jun 2011
6631 posts
Posted on 3/25/21 at 7:57 am to
Low volume means it could dip sub 3 again very easily

I think it has to break through 4 dollars to be done with sub 3 days. When it breaks through 4, it is likely on JV news or some other major catalyst that ramps volume. When that happens, it probably makes a huge leap up so even mid 3s are days of the past

Long term potential depends on how quickly they can capture large portion of market before everyone else catches up in technology.
Posted by Fe_Mike
Member since Jul 2015
3538 posts
Posted on 3/25/21 at 8:21 am to
I’m of the mind that it will creep towards $5 the longer we go without news. Right now I’ve got it priced about $5.50-$6 post JV finalization. I see us sitting in that range around Q4 of this year. If this flurry of action happens all within 2021 (JV, uplist, full scale production, the latter of the three being highly unlikely) then I think the price could climb as high as $9-10 by end of ‘21.

After that action, I look at this as growth in line with lithium demand. Very loosely speaking, maybe 20-30%/year until 2025 which would get us to potentially $22-30/share if it isn’t bought out first.
Posted by Fe_Mike
Member since Jul 2015
3538 posts
Posted on 3/25/21 at 8:44 am to
Or it’ll just plummet back down to $2 what do I know
Posted by Grassy1
Member since Oct 2009
7321 posts
Posted on 3/25/21 at 8:48 am to
Hit below the 2.80

Buying opp!
Posted by CollegeFBRules
Member since Oct 2008
24785 posts
Posted on 3/25/21 at 8:58 am to


Yeah, that was an impressive drop. Of course, I don’t have any settled cash available right now, damnit.
Posted by GREENHEAD22
Member since Nov 2009
20045 posts
Posted on 3/25/21 at 9:34 am to
I just about doubled my holdings. I have still have some power left incase it dips further.
Posted by Auburn1968
NYC
Member since Mar 2019
23062 posts
Posted on 3/25/21 at 2:19 pm to
quote:

Hit below the 2.80

Buying opp!


I jumped on that selling everything that was still floating.
Posted by Auburn1968
NYC
Member since Mar 2019
23062 posts
Posted on 3/25/21 at 2:21 pm to
quote:

Yeah, that was an impressive drop. Of course, I don’t have any settled cash available right now, damnit.


I bought with unsettled cash. On Etrade it's not a problem as long as I don't sell it before it is settled. I'm not selling Standard Lithium for a long time.
Posted by tigerfoot
Alexandria
Member since Sep 2006
58974 posts
Posted on 3/25/21 at 5:00 pm to
I have 2k shares now. I am just going to ride this one. One of the few that makes sense to me that are talked about on this board.

That is my shortcoming, not an indictment of the board.
Posted by molsusports
Member since Jul 2004
36664 posts
Posted on 3/25/21 at 5:10 pm to
quote:

I am just going to ride this one. One of the few that makes sense to me that are talked about on this board.


Are you one of those sensible types in ETFs and index funds instead of penny stocks? Don't be afraid to be contrarian amongst people who are reckless.

There's a good poker analogy - play loose at a tight table and play tight against a group of loose opponents. The current market is obviously atypical historically.
Posted by tigerfoot
Alexandria
Member since Sep 2006
58974 posts
Posted on 3/25/21 at 9:11 pm to
Ive thrown around about 5 percent of my investments at stupid shite, but have kinda given up and phasing back into more conventional investments. I did justbuy invesco travel and entertainment fund today with a nice chunk, then some more split between Berkshire B and IVV. I am not real sexy most of the time.
Posted by Grassy1
Member since Oct 2009
7321 posts
Posted on 3/26/21 at 8:26 am to
Article that came out 2 days ago:

Financial News Media dot com

quote:

PALM BEACH, Fla., March 25, 2021 /PRNewswire/ -- Without lithium, our world would look more different indeed! Lithium-ion batteries are not only in our phones — they are actually at the center of our clean energy transition. Other materials like graphite which is also used in batteries; and tellurium, used in next-generation solar cells are important, but lithium is definitely driving the battery storage market. Pretty much everything — from your phone, to electric vehicles, to utility-scale storage solutions — is finding applications for lithium. So it's no surprise that governments and companies are looking to make sure they can meet the supply chain's demand for lithium while at the same time develop new technologies to extend the usefulness of products/batteries being manufactured. A recent article from mining.com on March 15, addressed the first item supply. It said that sufficient lithium will be mined because prices have soared up 88% in 2021 and that: "Lithium prices continue to rise exponentially in China on the back of heavy demand for lithium iron phosphate (LFP) batteries, the first ever mid-month assessment by battery supply chain research and price reporting agency Benchmark Mineral Intelligence shows." Active mining stocks in the markets this week include: Lithium South Development Corporation (OTCQB: LISMF) (TSX-V: LIS), American Lithium Corp. (OTCQB: LIACF) (TSXV: LI), Standard Lithium Ltd. (OTCQX: STLHF) (TSXV: SLL), Neo Lithium Corp. (OTCQX: NTTHF) (TSXV: NLC), Nickel Rock Resources Inc. (OTCQB: NIKLF) (TSXV: NICL).


The article has a brief synopsis of each company.

ETA: Upon further examination, each of these (other than STLHF) appear to be exploration companies, investing in properties where Li might be mined one day. I'll add another post after this regarding who I believe is the real competition.

This post was edited on 3/26/21 at 8:57 am
Posted by Grassy1
Member since Oct 2009
7321 posts
Posted on 3/26/21 at 9:43 am to
Here's the competition that concerns me. Mintak mentions them in his December interview, but doesn't really address their weakness. I'd like more discussion of this senior player:


Albemarle To Double US Lithium Output
Posted by LSUGrad2005
Member since Aug 2018
727 posts
Posted on 3/26/21 at 9:55 am to
In reading the article you linked it looks like Albermarle has a pretty small domestic footprint and most of their product goes oversees. They did mention Standard as competition; I guess my question would be what Albermarle's domestic contact/contracts versus Standard's and what is Standard's realistic partners could be? Tesla, Ford, GM, etc.

I am sure these conversations have been haad but I would like to hear where/who they anticipate to sell their lithium
Posted by skewbs
Member since Apr 2008
2135 posts
Posted on 3/26/21 at 10:04 am to
Albemarle has annual revenues of almost $4B and a market cap of close to $18B. They're massive compared to STLHF although I know specifically their lithium mining operations may be a fragment of those overall revenues.

If anything, I'd see them as a potential buyer of STLHF to get the technology and access to resources.

Either way, STLHF being mentioned as a competitor of ALB is only a good thing in the long run.
This post was edited on 3/26/21 at 10:04 am
Posted by MarlboroTiger
Baton Rouge
Member since Oct 2019
345 posts
Posted on 3/26/21 at 10:24 am to
Does anyone have a timeline of when the jv with Lanxess might get signed? I know Germany has recently eased their travel restrictions
Posted by Auburn1968
NYC
Member since Mar 2019
23062 posts
Posted on 3/26/21 at 10:35 am to
quote:

Either way, STLHF being mentioned as a competitor of ALB is only a good thing in the long run.


Standard Lithium's cost of production will be a lot lower, faster and cleaner than that of conventional lithium mining and extraction. This means that they will be able to take the cream of the market.





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