re: Diving deeper on Standard Lithium?

Well that news bump outlasted a Viagra.

quote:

---

Well that news bump outlasted a Viagra.

---

Big news for me. I'm not ready for it to run yet. Gotta free up some cash. Wouldn't cry if it did though.

The PR was very poorly phrased casting doubt on the entire process.

"Standard Lithium (NYSE:SLI) shares rise on Thursday after it announced that a direct chloride-to-hydroxide pilot plant in Arkansas was "successfully" installed and commissioned earlier this month.

The hydroxide pilot plant will be used by SLI to assess different technology options for lithium hydroxide production at its South West Arkansas Lithium Project."

https://seekingalpha.com/news/3896602-standard-lithium-surges-on-successful-commissioning-of-arkansas-hydroxide-pilot-plant

PR keeps coming out on overall market red days

I'd like this thing to take a little run up towards $5 again. That probably won't happen until we can get some good momentum combined with a big market green day.

Can't disagree. I think the SLI holders on this board could make better use of that money. Plus, I'd let it be known that a short attack will be accompanied by an arse whooping. Hard to enjoy those profits from a nursing home.

My hope is that Koch engineering will do a concerted drive to the commercial market and steer away from the academic science experiments. Academics can split hairs forever while an actual producer goes for the practical.

Nothing wrong with a science experiment to discover a better way, as long as it doesn't impede the practical commercialization using existing tech.

quote:

---

I just don't like the quality of the PR that is coming out. Seems the last one sewed more seeds of doubt than providing interesting and positive details. Made it look more like a science experiment when existing tech is proven to get the conversion done making it unclear as to why it was being done.

They just aren't making this stuff clear, reiterating previous proofs of concept leading up to the new step and putting the thing in context so analysts don't get confused.

---

Bump.

I think that SLI needs to go to production as soon as possible which no doubt Koch engineering is fully capable. It's fine to go for a better way for carbonate to hydroxide conversion as long as it doesn't delay actual production. Go into production with the new DLE and if necessary use existing conversion processes while the science experiments hunt for something better.

Interestingly, SGML has gone from $9 to $35 this year though they are not in production yet. SLI should be doing the same if their PR was working.

SGML got an early boost because they had "talks with Musk" and then another boost when Musk announced going into lithium refining.


"Sigma Lithium (NASDAQ:SGML) +5.2% in Wednesday's trading after raising the total estimated mineral resource at its Grota do Cirilo project in Brazil by ~50% to 85.7M metric tons, which would make the mine the largest hard-rock lithium project in the Americas, and behind only SQM (SQM), Albemarle (ALB) and Pilbara Minerals (OTCPK:PILBF) in the global lithium rankings.

Sigma Lithium (SGML) said the project is on track to begin producing early next year at 37K metric tons/year of lithium carbonate equivalent, as it wraps up engineering for a second phase that would lift production to ~72K tons/year in 2024.

The company said drilling for a third phase would boost resources by ~50% to 85.7M tons.

"The high quality of the Phase 3 mineral resource might potentially enable Sigma Lithium to maintain high production yields utilizing a similar environmentally sustainable Greentech plant to the one currently in construction for Phase 1," co-CEO Ana Cabral-Gardner said.

Sigma Lithium (SGML) said recently that it values the undeveloped Grota do Cirilo project at more than $5B."

https://seekingalpha.com/news/3850934-sigma-lithium-says-planned-brazil-project-would-be-among-worlds-largest

That's all true, but the demo plant has done two proofs of concept that went beyond expectation. Their PR firm seems to have tied their shoe laces together.

This should be long past a notion of a science experiment.

I really wish they would do another proof of concept but over a span of several days, weeks or a month if that is possible. The first two proofs of concept were great, but that was nearly two years ago.

This is an interesting update on Galvanic Energy. IBAT offered a no strings test run of brine through their DLE process. Does anyone know SLI's lithium recovery rate and how it compares to IBAT's 69% average noted in the article?

LINK