re: Diving deeper on Standard Lithium?

Subtle I can accidentally buy 500k dollars of Tesla stock brag

And I just re-f#$ked my knee getting out of the truck.

Good times!!!

I see that we now have 2 other law firms claiming to be investigating SLI on behalf of their investors.

I'd share a link, but it's listed in the PR stuff on TDA under SLI.

If you care, I'm sure you can google businesswire to find it.

Shorts still in this game hard? I noticed my shares are 100% lent out.

Copy and pasted:
On November 18, 2021, before the market opened, Blue Orca Capital issued a research report alleging that Standard Lithium's claims of 90% extraction rates of battery grade lithium at its Arkansas demonstration plant has no evidence to back it up. The report claimed that "undisclosed to investors, production data submitted by Standard Lithium to the Arkansas Oil & Gas Commission appears to show that the Demonstration Plant, which has been operating for 18 months, is barely achieving a fraction of this projected recovery rate," and that the demonstration plant has only been achieving an average lithium recovery rate of 13%.

On this news, Standard Lithium stock fell $1.86, or 18.8%, to close at $8.01 per share on November 18, 2021, thereby injuring investors.

Then, on November 18, after the market closed, Standard Lithium issued a response purporting to dispute the Blue Orca report. Among other things, the Company stated that "the only data reported to the AOGC, in compliance with the requirements of the AOGC, were those volumes of lithium chloride solution that were temporarily stored on Standard Lithium's site and these have no correlation with actual lithium recovery rates observed in the plant."

Then, on November 22, 2021, Blue Orca responded in a series of tweets, calling the Company's response "nonsense." It further stated that "[t]he AOGC permit, which any investor can review, plainly requires the reporting of output of lithium chloride and carbonate in a separate category 2(c) from the volumes stored onsite 2(e). The data we used 2(c) is plainly labelled as the output data." Moreover, regarding Standard Lithium's claim that the AOGC data does not include lithium chloride that has been produced and subsequently reinjected, Blue Orca stated that the "output volumes reported under 2(c) are clearly shown as being 'sent for reinjection.'" Blue Orca reiterated that the Company "claims to have reached 'proof of concept,'" but the potential joint venture partner "denies it has reached this milestone."

On this news, the Company's share price fell $0.85, or 9%, to close at $8.43 per share on November 22, 2021, thereby injuring investors further.

I’m seeing those law adds on damn near every non-blue chip stock that is down a point or two. Lawsuit should be on blue orca. I wouldn’t be shocked to find out things weren’t going exactly as planned, but they’ve been by the book and then some on everything. No pump whatsoever. Not even locally. I’d invite them big city lawyer fellas to come on down for some negotiations. I’ll handle it pro Bono.

I’m Gen X. You know, the ones busting arse to clean up the mess the boomers left us. With Biden’s inflation, Carter’s misery index will be back. I’m guessing I’ll need about $4.3 quadrillion to be able to afford a semi-stinky retirement home that serves canned dog food instead of the dry shite.

News out!!!

quote:

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VANCOUVER, British Columbia, Nov. 24, 2021 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLI) (NYSE: SLI) (FRA: S5L), an innovative technology and lithium project development company, today announced that Koch Strategic Platforms (“KSP”), a subsidiary of Koch Investments Group, will make a US$100 million investment in Standard Lithium through a direct private placement to support the Company’s strategic development goals.
Key Points:

US$100 million direct private placement (the “Direct Investment”);

Standard Lithium to issue 13,480,083 common shares (“Common Shares”) of the Company at a price of CDN$9.43 (US$7.42) per Common Share;

Direct Investment follows extensive due diligence into Standard Lithium’s LiSTR DLE technology, Demonstration Plant and project development objectives; and,

Parties to explore opportunities to work with several Koch Industries subsidiaries in key areas of alignment with Standard Lithium’s project development needs (the “Strategic Opportunities”).

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Koch Investment

LINK
Koch Strategic Platforms to invest $100million in SLI.

My meds and slow typing cost me the scoop.

quote:

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Sorry about that but I was awake and saw the news.

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That all right, we can use both of our fists to shove this up Blue Orcha's arse!