re: Diving deeper on Standard Lithium?

We’ve also reached a point that there is NO ONE here or any board I’ve seen that has any knowledge of the real deep inter workings. I did buy about $100k worth in the $11 range in hopes that all the cosmetic work and hoopla going on at Lanxess was for a big JV announcement. Never said it was for sure. Still don’t know why they did it. I was pumped. I thought this was it! It wasn’t. I sold those shares immediately to free up the cash. And if you see my posts, I was deflated. I did not out and out tell people to sell because at this point, I don’t know WTF it’s gonna do.

If I hear something, I’ll bring it to the board. Y’all can do with it as you choose. I may have made a huge mistake by selling at the start of the blue orcha debacle. Like I said, I was 3rd day post op, in a deer stand with spotty cell service. I decided to protect my investment and buy back if it proved to be bullshite and dropped to a price I wanted.

I’m still all for SLI, but my overall stance has changed since the Lanxess call. They’ve done ZERO to reassure investors and set themselves up for this attack by not giving more updates and transparency. Our first instincts are survival. Assume the worst and protect against it and hope for the best.

Agree. They do nothing to reassure investors. I sold 25% about 10 days ago because of that. Their board is inept at providing information timely. We probably could have had a hostile takeover and put people on the board with the shares owned by MT, before recent sells, and done a better job.

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Pimping stocks? So bringing a $.50 stock to the board that almost hit $13.00 is pimping?

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Pimping OTHER stocks. Moved off SLI and now pumping ORGN and NAKD. I said if I did not know better, which shows I am not suggesting you purposely dumped the stock. If someone does not know better, then someone who is pumping goes out at the height and then starts pushing other stocks it would not be outside of the realm to think they were part of the pump. You made money and brought this here for others to make money. I am very appreciative. I am not blaming or praising anyone. I lost a fortune by playing pennies earlier in the year and all I can do is laugh about it and I have only myself to blame.

I added 15k shares at $7 to answer your question about how much was dumped into the abyss, which puts me at a little over 21k shares now (actually greatly raised my overall stake from prior levels). It was at that price that this went back to pre-Jim Cramer levels and showed it was oversold from a technical standpoint to me.

I just try to be honest with what I hear and see. I try to be clear when I’m speculating (such as the Lanxess shindig) and how I’m gonna play it.

I mentioned before that I was befuddled at how unknown they were despite being ahead of all the other DLE projects. When you see names like Gates, Soros, Bezos involved, things get dicey. None of them are brilliant. I don’t give any extra thought to them investing in a company. I don’t think they’re that smart. They’re one trick ponies with immense wealth and influence. The have no morals or ethics and will do anything to win. I think they are scared of SLI. SLI does not fit with blue orchas usual targets. I think this was coordinated. Mintak is a nice guy. Really is. I can be too, but I can also be ruthless as shite if attacked.

He and SLI aren’t that guy and don’t have one that I see.

I think the best counter move is to release as much data as they can to show/prove where they are. Even if it’s not optimized yet, ID your weaknesses, discuss and explain them and how they’ll be addressed.

Then blue orcha is neutered. If they respond with blatantly false info...you now have funding for Tetra project.

I have said it before m in prior posts and will say it again, just so it’s clear. Thanks for all you have done on this play, same for General and Pendulum. Both bringing the good news and letting us know you are cautiously optimistic now. This is one of the best threads we have had on MT IMO. AT’s moonshots thread was a close second, though.

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missed out on DWAC,

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I didn’t but the halted trading cost me a lot of potential gains. That still pisses me off. Bought in at 60 and it jumped to 140 quickly and halted. Shoulda sold there but thought it would keep going up when it resumed, nope, it crashed down. Ended up selling in upper 90s

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It was actually Pendulum’s fault. One of his post triggered my “don’t be a dumbass” button. Being close to something and almost personally attached can cloud your vision. I had veered from my original plans and went bigger, longer than I planned before divesting long term gains. So I went back to my original plan, reallocated and freed up cash for buying opportunities.

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Where should I send my 1% fee invoice?

AT May get a bad rap. I don’t know that he didn’t lose his arse. His picks certainly had a good run. I think they attention and adoration clouded his judgement. I think he wanted make people rich and be a MT legend. Stayed in too long and all the techs corrected. Or he may have been a pump and dumper. If you’re playing penny stocks, you’re gambling.

I got too reliant on my resources as well. Now I had zero doubt about uplifting to NYSE, PEA on Tetra, told everyone the SiFT unit was here. I still think JV gets done but no clue when or what terms.

I get the feeling that Lanxess will fully fund build out at south plant where demo unit is. SLI may have to give up ownership percent but in turn they get to prove and optimize their tech which is still a very good thing, but not what everyone is hoping for. If that’s the case, I don’t think we see much upside from the $12+ range until it’s built out and producing.

UNLESS they have proven it and Lanxess is being cheap. That may give them an out to start Tetra project sooner which would be huge. But they need a shite pot of money they don’t have. Mintak has been bearing the bushes and I find it interesting that Stephens Inc (one of the largest off Wall Street investment firms in the world) has bought shares. They’re in Arkansas and would certainly be someone you looked to for financing of such a venture. And Simmons bank. Being a bank director, I know banks are very conservative in their investing and are limited on speculative plays. The 50-60k shares or so they have did catch my eye. Not only for the investment, but for another potential financier.

Not saying they have or will finance SLI. But anything outside of Lanxess is likely going to result in shelf offering and dilution of shares. Could be like last time and have minimal effect, could dilute 30%. So I could end up with all my shares back at a bargain or I may have screwed myself. I always planned a n keeping 100k shares long term. Still would like that. I doubt I’ve made my last SLI buy.

Just laying out my thoughts. A little disorganized but hopefully you get my overall rationale behind my decision.

Me or General Lee selling does not equal SLI is trash and going to shite. We both had huge piles on the table for relatively small amounts. We both stil have a substantial stake in SLI, but as Pendulum pointed out, it’s in a more responsible amount. I got in at $.37. Majority of shares bought under $.6. The old saying,”pigs get fat. Hogs get slaughtered.” Was stuck in my head. I’m not as down on it as it may seem. Just more realistic and I don’t want to mislead people in hopes that it does everything we hope and I’m a big hero.

Ditto, thanks Smack & General for bringing Standard Lithium to this board. This is still by far my biggest winner since I started investing a few years ago. I owe you both a few beers.