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re: Diving deeper on Standard Lithium?

Posted on 1/13/22 at 8:39 am to
Posted by BigPerm30
Member since Aug 2011
29417 posts
Posted on 1/13/22 at 8:39 am to
Just bought another 750 at $7.30. Going to swing these.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 1/13/22 at 8:40 am to
Yeah a good bet you can sell those for at least $7.99 within a few days.
Posted by el Gaucho
He/They
Member since Dec 2010
56836 posts
Posted on 1/13/22 at 8:53 am to
quote:

Every single time this thread turns to despair, news happens and a pop and fomo occurs

But if there was news it might go up and you know they don’t want anything good to happen to us shareholders
Posted by go ta hell ole miss
Member since Jan 2007
14026 posts
Posted on 1/13/22 at 8:56 am to
quote:

We ran too fast. This should have never gotten to $12 based on what we know. $12 is a post-JV completion number.


People were expecting JV to be announced soon when it was at $12. Where did we ever get that idea, right?

I was tempted to sell 1/2 and put it into crypto given this recent downturn in Solana and Luna. I think I might have missed that opportunity, though.

Maybe it will get turned around soon. Board seems to be turning somewhat negative or restless is probably the more appropriate word. When that happened in August we rose pretty sharply soon after. Maybe that will happen again.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
33954 posts
Posted on 1/13/22 at 9:18 am to
I think we would all appreciate a status update on the JV.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 1/13/22 at 9:39 am to
You got one (albeit muddled) on the BofA call. He said "we hope" for 2H 2022 FID on 1st plant, which would probably place the JV being executed sometime in the Q2-Q3 timeframe.
This post was edited on 1/13/22 at 9:43 am
Posted by jimjackandjose
Member since Jun 2011
6635 posts
Posted on 1/13/22 at 9:49 am to
Picked up 700 shares at 7.33

Should see a swing back to 8 I'd hope
Posted by jchamil
Member since Nov 2009
18001 posts
Posted on 1/13/22 at 9:53 am to
I guess we're going to test that Koch floor today
Posted by Shamoan
Member since Feb 2019
11535 posts
Posted on 1/13/22 at 10:01 am to


me trying to exit this thing with some dignity...and Mintak with the hockey stick (he's Canadian).
Posted by deltaland
Member since Mar 2011
96811 posts
Posted on 1/13/22 at 10:05 am to
Posted by el Gaucho
He/They
Member since Dec 2010
56836 posts
Posted on 1/13/22 at 10:09 am to
You can tell mintaks not gonna let the stock go up til we all sell
Posted by Fe_Mike
Member since Jul 2015
3538 posts
Posted on 1/13/22 at 10:12 am to
I’m legitimately shocked it cruised right past the $7.40 Koch price. Didn’t even give two hours of resistance.

Clearly nobody was impressed with what Mintak had to say this week.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 1/13/22 at 10:19 am to
Yeah TBH I think this was his worst interview to date. I just can't get over the huge disconnect between the fundamental tailwinds never being stronger for this.... all time lithium spot price highs, carbon neutral or negative footprint being ever more important, environmentally friendly extraction being ever more important. Versus the foot dragging and terrible investor communications here. If it weren't for Mintak and other insiders not selling any shares and Koch putting up $100M, I'd think we would be on track to go back below $1 with this never seeing actual production.
Posted by Hogwallop
Member since Jul 2021
413 posts
Posted on 1/13/22 at 10:20 am to
quote:

I’m legitimately shocked it cruised right past the $7.40 Koch price. Didn’t even give two hours of resistance
me too



Picked up 1k @7.5 and 7.25 for trade
Posted by el Gaucho
He/They
Member since Dec 2010
56836 posts
Posted on 1/13/22 at 10:34 am to
Do you think they told Koch about the 13%?
Posted by CollegeFBRules
Member since Oct 2008
24785 posts
Posted on 1/13/22 at 10:39 am to
quote:

If it weren't for Mintak and other insiders not selling any shares and Koch putting up $100M, I'd think we would be on track to go back below $1 with this never seeing actual production.


Best guesses on the floor right now given Mintak’s comments that they’re a turtle in a race for the market?
Posted by jamiegla1
Member since Aug 2016
7560 posts
Posted on 1/13/22 at 10:42 am to
At least we still have each other
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5418 posts
Posted on 1/13/22 at 10:46 am to
quote:

Yeah a good bet you can sell those for at least $7.99 within a few days.


Or $5.99
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 1/13/22 at 10:54 am to
I’m going to have to burn my SLi stock certificates for warmth tonight
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 1/13/22 at 10:56 am to
I thought the Koch floor was support but that got broken today obviously. From a charting perspective, next low is $6.75 (Blue Orca low), then in the high $5's after that.

I'm sitting 80%+ in cash right now in my portfolio, so TBH would just prefer it to go down to $0.01 and then let me rebuy for a 500 bagger minimum.
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