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re: Diving deeper on Standard Lithium?

Posted on 4/29/21 at 7:58 am to
Posted by Who_Dat_Tiger
Member since Nov 2015
22326 posts
Posted on 4/29/21 at 7:58 am to
I wanted to wait for a dip back to $3 to load up plenty more. I have 500 @ 2.89. Is that opportunity gone, or still load up while it’s under $4?
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2901 posts
Posted on 4/29/21 at 8:10 am to
It's done a really good jobs of holding gains, with the exception of swinging between 3.20's down to 2.60 level for awhile. I would like to know if this weeks run is based on something brewing or the commercials they came out with.
Posted by BallsEleven
Member since Mar 2019
6163 posts
Posted on 4/29/21 at 8:12 am to
Yeah after watching it bounce between 2.90s and 3.20s I was waiting for the next dip to start playing those swings keeping it separate from my long term shares but oh well! Might wait for the next pattern to set up.

My daughter was born Sunday so I’ve been off and been able to just watch it makes this little run. Maybe she’s our good luck charm
Posted by SmackoverHawg
Member since Oct 2011
28944 posts
Posted on 4/29/21 at 8:21 am to
quote:

still load up while it’s under $4?


Yes. We won't be seeing significantly lower prices unless there is a major market event, even then there of plenty of us that will be snapping it up as it drops to prevent a huge dive. If you get one, great, load up. Otherwise, I'd be buying steady. Of course if someone with a large chunk decides to sell off all at one time for whatever reason, and it's a low volume day, you could see a big dip. Still OTC and subject to high volatility. Just like those thinking they could pick it up at $1.70 back in December during the public offering. I tried to tell them not to sell ant think they could get back in cheaper and those were already spoken for. They were wrong and got hosed. I don't even try to guess. I buy pretty steady. Of course much heavier when it was sub $.65 and my initial chunks, but I've added all along. Still plan on adding more. I set a course a little over a year ago and will ride it out. When I look at what's out there and weigh risks v. reward, I still end up putting more in STLHF. I can assure you the Germans are on board. The JV is a done deal except making it official and announcing. They wouldn't be expending the resources they are if it wasn't.
Posted by SmackoverHawg
Member since Oct 2011
28944 posts
Posted on 4/29/21 at 8:24 am to
quote:

if this weeks run is based on something brewing or the commercials they came out with.



The commercial has had little impact other than getting the name out there for uplisting. Not gonna say it hasn't generated some new investors, but that ain't what's triggering this weeks action.
Posted by SmackoverHawg
Member since Oct 2011
28944 posts
Posted on 4/29/21 at 8:28 am to
$5+ in 2 weeks is my prediction. But I don't have a crystal ball. Just my opinion.
Posted by SmackoverHawg
Member since Oct 2011
28944 posts
Posted on 4/29/21 at 8:36 am to
But I did tell y'all on March 16 that things would be going down in the next month or two.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 4/29/21 at 8:39 am to
Yeah the commercials have been running for a month or so. Somebody started loading the freakin boat here gapping it up to $3.30 earlier this week and hasn't looked back since.

What percentage of the JV do you think they'll end up at? 30% or 40%?

Alright everyone, on to the next numbers game. Predict STLHF closing price on 12/31/21 and 12/31/22. Put me down for $10 and $16.
This post was edited on 4/29/21 at 8:42 am
Posted by SmackoverHawg
Member since Oct 2011
28944 posts
Posted on 4/29/21 at 8:46 am to
$16.43. And $26.60. Probably more along yours because of COVID delays and negative effects on lithium prices.
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2901 posts
Posted on 4/29/21 at 8:47 am to
Put me down for 10.01 and 16.01 if we're doing price is right.
Posted by BallsEleven
Member since Mar 2019
6163 posts
Posted on 4/29/21 at 8:51 am to
Always have to play with Price is Right rules

$7.50 & $15
Posted by molsusports
Member since Jul 2004
36669 posts
Posted on 4/29/21 at 8:57 am to
I dunno what the price of Lithium will be doing well enough to predict STLHF. Any guesses RE that Lithium number?
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
33944 posts
Posted on 4/29/21 at 9:00 am to
I'll be the "pessimist"...$6.35 and $8.20.
Posted by Fe_Mike
Member since Jul 2015
3538 posts
Posted on 4/29/21 at 9:05 am to
12/31/21 - $6.75
12/31/22 - $13.25

$16 may be the 52 week high for '22
Posted by SmackoverHawg
Member since Oct 2011
28944 posts
Posted on 4/29/21 at 9:19 am to
quote:

Any guesses RE that Lithium number?



shite, who knows? I've seen numbers all over the board but they are all up. I'm basing mine on current prices and expected costs. Also factoring in a faster ramp up from 20k tons/yr to 70+k/yr. And 35% share with Lanxess-hedge of the 30/40 option. But I think the Tetra site is all STLHF.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 4/29/21 at 9:23 am to
Just this stock uplisting to the NYSE alone is gonna be good for another 30-40% boost.
Posted by Fe_Mike
Member since Jul 2015
3538 posts
Posted on 4/29/21 at 9:31 am to
Yup, that is where I anticipate a lot of my '22 gain coming from.

I think the big '21 production update (Lanx deal) will push this up to around $8. Then a bit of stagnation as it settles to $6-7. Uplisting news (application) will boost it; actual uplisting will boom it ('22/all time highs); first full year of operations fins (early '23) is the $20 limit breaker.
Posted by Boomer Rick
Member since Apr 2021
249 posts
Posted on 4/29/21 at 9:36 am to
Long time lurker, first time poster here. Let’s hope the momentum continues.

11.2k shares. Average cost per share just over $2.
This post was edited on 4/29/21 at 2:21 pm
Posted by Who_Dat_Tiger
Member since Nov 2015
22326 posts
Posted on 4/29/21 at 9:36 am to
I went ahead and FOMOd. Wish I had gotten in a lot sooner.

Averaged up to 4000 shares at 3.70
Posted by PotatoChip
Member since May 2014
4197 posts
Posted on 4/29/21 at 9:39 am to
I’m saying 13 and 33. Once everything clears up by the end of the year(with Covid vaccines), it will be open season for this stock with an uplisting and money coming in.
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