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re: Diving deeper on Standard Lithium?

Posted on 11/22/21 at 9:13 am to
Posted by PotatoChip
Member since May 2014
4189 posts
Posted on 11/22/21 at 9:13 am to
Down over $1 since open. Need to bottom and close back even or better. Gotta turn this 3 week down trend around.
Posted by deltaland
Member since Mar 2011
96611 posts
Posted on 11/22/21 at 9:14 am to
I’m trying to stay positive but the fact we get no PR and they keep pushing back the earnings call really makes it hard
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 11/22/21 at 9:15 am to
Where is gaucho when we need him
Posted by el Gaucho
He/They
Member since Dec 2010
56742 posts
Posted on 11/22/21 at 9:17 am to
quote:

Gotta turn this 3 week

I agree it is gonna turn 3 this week
Posted by Guntoter1
Baton Rouge
Member since Nov 2020
1298 posts
Posted on 11/22/21 at 9:18 am to
I’m out
Posted by GeneralLee
Member since Aug 2004
13875 posts
Posted on 11/22/21 at 9:19 am to
Ugh and SLI said in their last PR that they were not going to respond again to the Blue Orca report, so if this is just left hanging out there unresponded to then it could get ugly (even more ugly than the current price).

I feel like they are going to have to go back on that promise not to respond to the report again, and provide the market much clearer data on how they are getting to 90% extraction rate.
Posted by aubie101
Russia
Member since Nov 2010
3301 posts
Posted on 11/22/21 at 9:21 am to
quote:

I’m out


I'm in (for more)
This post was edited on 11/22/21 at 9:22 am
Posted by el Gaucho
He/They
Member since Dec 2010
56742 posts
Posted on 11/22/21 at 9:21 am to
quote:


NAKD up on the news that Cenntro got approval into the Japanese market.

Today may be a good day for many stocks


Cmon man can you not talk about stocks that make money here this thread is for losing money
Posted by Black n Gold
Member since Feb 2009
15585 posts
Posted on 11/22/21 at 9:23 am to
quote:

Ugh and SLI said in their last PR that they were not going to respond again to the Blue Orca report


This was very dumb of them to say. Basically gave Blue Orca a license to throw more mud knowing they weren't going to have to take any punches back.
Posted by Fe_Mike
Member since Jul 2015
3537 posts
Posted on 11/22/21 at 9:23 am to
Blue Orca's response literally just restated things from their initial article.

Complete nonsense. Doubling down on Lanxess statement from Q1 of this year that the process hasn't been proven yet as evidence that it isn't proven now, 9 months later.

They say that the reported "all lithium chloride sent for reinjection" is somehow indicative of the volume of lithium chloride sent for reinjection.

They try to say "the output of lithium chloride" means any and all LiCl; in reality, output references the output. Which is product removed from the plant. If the LiCl is simply collected in wash tanks that are part of the process then reinjected into the tailbrine stream without actually leaving the process, it is not plant "output". I intend to call AOGC to verify this.
Posted by CollegeFBRules
Member since Oct 2008
24785 posts
Posted on 11/22/21 at 9:23 am to
quote:

I’m out


I’m mostly out. I made damn good money on this one, and I’m deeply grateful to Smack for bringing this one in here.
Posted by LChama
Member since May 2020
2647 posts
Posted on 11/22/21 at 9:26 am to
Racked up more!
Posted by itsbigmikey
NASHVILLE
Member since Aug 2018
373 posts
Posted on 11/22/21 at 9:27 am to
Sold enough to get my cost basis out and secured a little profit. Planning on adding when we reverse course. Bummed... I loved reading this board on the way to $12 but reminding myself of the reality of the stock market. This story is far from over on this stock though. Still extremely thankful to those who take the time to continue to post valuable info in here
Posted by Dock Holiday
Member since Sep 2015
1740 posts
Posted on 11/22/21 at 9:28 am to
It's trying to hold at $8.30ish. If it can hold close to there (big if) past lunch that's a win.

quote:

SLI said in their last PR that they were not going to respond again to the Blue Orca report,


I agree about the misstep in the SLI statement from Thursday, and thought similar when I read the bull headed "we will not comment further no this" statement.

That's not how you respond, you respond with "we will do everything in our power to defend our company from unjust and unethical attacks by institutions with mal-intent"

You have to be willing to fight in a phone booth when needed.
Posted by el Gaucho
He/They
Member since Dec 2010
56742 posts
Posted on 11/22/21 at 9:30 am to
Did y’all really expect mintak to fight
Posted by KCRoyalBlue
Member since Nov 2020
1493 posts
Posted on 11/22/21 at 9:34 am to
Wouldn't bother me if they responded. I'd try this:

"While originally stating that we would not comment further, we have no choice but to refute remarks that could possibly constitute SEC violations committed by Blue Orca Holdings."

BOH can eat a 9-ft sack of dikks.
This post was edited on 11/22/21 at 12:07 pm
Posted by Black n Gold
Member since Feb 2009
15585 posts
Posted on 11/22/21 at 9:39 am to
Turns out that Canadians really are pussies.
Posted by Beerinthepocket
Dallas
Member since May 2011
869 posts
Posted on 11/22/21 at 9:41 am to
Sold some Dec $7.50 puts for $.75 a contract. I’d be happy to acquire some more SLI for ~$6.75.
Posted by TheJunction
Mississippi
Member since Oct 2014
1603 posts
Posted on 11/22/21 at 9:41 am to
Sold the majority of my position at the open after holding thru last week. Believe in the company, but not in the short term with an assumed continued attack from Blue Orca. Really enjoyed the ride, will be really interesting to see how it all shakes out in the next 12-18 months.

And again thanks to all those who contributed. Has been hugely beneficial for me and I’m sure countless others who have followed along with the thread but not contributed much.
This post was edited on 11/22/21 at 9:43 am
Posted by Guntoter1
Baton Rouge
Member since Nov 2020
1298 posts
Posted on 11/22/21 at 9:42 am to
quote:

You have to be willing to fight in a phone booth when needed.


I agree. But what do we know.

1. No FID until sometime next year.
2. JV has been delayed again and again.
3. Laxness spent money on two other companies rather than finance the SLI plant.
4. Now short attacks with impeccable timing.

5. Something is going on and it aint good.

6. I was a true believer in this, I originally got in at $3.54. This hurts. I will continue to monitor this and will get back in if things change.

Thanks to smackoverhog.
Thanks to Gen Lee and FE Mike.
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