re: Diving deeper on Standard Lithium?

Think about this from Lanxess point of view.
Lanxess can spend no money on Sli and invest that money elsewhere and let Sli finance the build while Lanxess will still reap 60% of the profits.

Standard likes them damn acronyms huh?

quote:

---

I don’t think Lanxess wants to put money into this.

---

From what I've heard, Lanxess has already budgeted for the build out of first site. Other two sites still being negotiated. Apparently their have been ongoing negotiations and renegotiations on the split of revenue. Koch deal has given SLI leverage with their cash.

My understanding is the Tetra plant will be brought along about the same time as Lanxess. Before they were counting on revenue from Lanxess projects to help secure funding for Tetra. A lot of things have changed over the past year. Supply chain issues are becoming a bigger problem. Koch can help with that immensely for both projects.

Koch also brings the political pull to get some of that gov't money for Tetra build out. There's quite a bit to be had. I'd figured SLI would have a hard time getting much due to lack of influence, but that changed. That would be huge as it would allow faster build out of Tetra project without dilution. Certainly can't count on it, but I believe Koch likely locked that down before committing $100million. They have immense political pull.

Not sure where I stand on Lanxess. I could certainly see them giving up revenue to decrease their investment just because they are so risk averse and spent so much on their two acquisitions. Just my opinion, but I think they thought they had Mintak over a barrel. Mintak met with them in Germany to tell them to shite or get off the pot and they sat on the pot. He then went on his fundraising tour. I'd assume he had the Koch deal in his pocket and gave Lanxess an ultimatum on the FID. Lanxess slow played them and Mintak shoved his Koch up their anus.

Tetra>>>>profit potential than Lanxess projects combined possibly unless revenue split changes.

I need to go back and watch those last Lanxess earnings call and conference call. What I took as uncertainty in process/investment could've been asshurt. The whole dog and pony show we hoped was to announce the JV may have been to convince their higher ups and investors to pony up the cash or lose out. I don't think SLI is trying to burn any bridges here and a mutually beneficial, but altered deal is being worked out. But that just my opinion. Everyone at Lanxess and SLI I know still seem upbeat and like everything is a go.

I'm not certain enough to go back as deep as I was, but I will update if I get any new info. It's been quiet and nobody seems panicked or concerned. WTF knows though?!!

They had been trying to stay ahead of supply chain issues, but I don't think there was anyway to forecast the shite storm we're seeing and I think it would be prudent to wait a bit versus spending shite tons of money at the moment as everyone will be impacted.

quote:

---

SLi green?

---

It’s just getting into the Christmas spirit. Red/green/red/red/red/green

quote:

---

I'd expect everything in my portfolio to be red after about 145 cst. The fences have been set, time to herd the cattle

---

quote:

---

And how much of a supply chain issue does SLI have at this stage of their business?

---

Their apparel division is really slowing down the lithium extraction operation. Those Dri fit shirts won’t ship themselves.

Good gosh the market is just a hell hole right now.

This is miserable.

I wish mintak would sprinkle some lithium into the brine and get that 13% up

quote:

---

I have exited the ranks of SLI investment. I will keep watching and reenter. I just saw the PR and it seems pretty damn weak. There will be plenty chances to re buy in the future.

---

Damn I’m kinda jealous of you bagholders. If I sell I gotta pay taxes