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re: Diving deeper on Standard Lithium?

Posted on 1/10/23 at 12:55 pm to
Posted by GeneralLee
Member since Aug 2004
14126 posts
Posted on 1/10/23 at 12:55 pm to
Gonna be pissed if I miss out on another run to $12 here. But I just don't trust Mintak anymore so can't allocate capital here.
Posted by skewbs
Member since Apr 2008
2209 posts
Posted on 1/10/23 at 1:08 pm to
quote:

Gonna be pissed


Go ahead and prepare yourself now then.
Posted by GeneralLee
Member since Aug 2004
14126 posts
Posted on 1/10/23 at 1:11 pm to
It's possible that SLI does succeed, finally building these plants, but doesn't reach $12 again as that was a height of the speculative bubble in November '21. My guess is late 2025 is the earliest date they would be able to sell their first ton of lithium. 2H 2023 FID plus 2 years minimum construction time.
Posted by Shepherd88
Member since Dec 2013
4930 posts
Posted on 1/10/23 at 1:54 pm to
I’m gonna speculate that they’ve had another investor come in and that’s what’s driving this volume. Another investor is buying into them. Who knows though.
Posted by ThermoDynamicTiger
Baton Rouge
Member since Jul 2008
1473 posts
Posted on 1/10/23 at 2:02 pm to
Where is smackoverhog? He probably knows something.
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
3919 posts
Posted on 1/10/23 at 2:30 pm to
Saw earlier that there were 3 near-million share buys today
Posted by Auburn1968
NYC
Member since Mar 2019
26339 posts
Posted on 1/10/23 at 4:26 pm to
I bought 3k shares on the dip to $4 thinking of some swing trade playing.
Posted by GREENHEAD22
Member since Nov 2009
20810 posts
Posted on 1/10/23 at 6:20 pm to
I needed this think to dip into the 2s and stay low for a couple of weeks, I sold a bunch for tax reasons and am stuck by wash rule.
Posted by SmackoverHawg
Member since Oct 2011
31580 posts
Posted on 1/10/23 at 6:32 pm to
They're doing site prep for initial facility. Don't see them spending the money on all that for no reason. Contractors say it's a go.
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
3919 posts
Posted on 1/10/23 at 7:09 pm to
Sorry about that, I told Mintak that was the best way to peg Gaucho.
Posted by bet84
Texas
Member since Jul 2021
110 posts
Posted on 1/10/23 at 8:53 pm to
There were several very positive comments in the presentation:

The higher concentrations of lithium in the SW Ark project.

The plans to be the first in production in the US with construction starting in 2023.

Mintak mentioned "Nondilutive" ways to cover costs including financing, Defense Production Act Grants and the transferable tax credits in Sections 48C and 45X of the Inflation Reduction Act.

The plans to significantly expand and grow the company through exploration in the Smackover formation, partnerships with other companies such as Energy companies with drilling and reinjection experience and Battery companies.

Mintak mentioned the company is going to grow much larger than just the two projects currently in process. 4:08:20 in the presentation. Mintak going out on a limb here. Call me gullible, but I like the sound of that!

This post was edited on 1/10/23 at 9:29 pm
Posted by astonvilla
New Jersey
Member since Dec 2005
3509 posts
Posted on 1/11/23 at 9:40 am to
nice gain today
Posted by Fe_Mike
Member since Jul 2015
3812 posts
Posted on 1/11/23 at 10:08 pm to
Bully
Posted by Auburn1968
NYC
Member since Mar 2019
26339 posts
Posted on 1/16/23 at 11:47 am to
Quiet weekend.
Posted by ev247
Member since Nov 2022
479 posts
Posted on 1/16/23 at 2:32 pm to
Can someone explain how Standard Lithium's potential success might affect a mineral owner in the Columbia County, AR area? McNeil, more precisely.

As I understand it, no one is planning to directly mine for lithium, so mineral owners will only be paid relatively small royalties for the brine. By the time the lithium is extracted from the brine, the brine is already step(s) removed from the owner of the mineral rights. Is this correct?

Just trying to wrap my head around a mineral investment.
Posted by bet84
Texas
Member since Jul 2021
110 posts
Posted on 1/16/23 at 10:54 pm to
Did you see this article regarding the request to the oil and gas commission? I wonder if the oil and gas commission has put any proposals forward for the royalty calculations?
LINK
Posted by ev247
Member since Nov 2022
479 posts
Posted on 1/17/23 at 12:08 am to
Thanks for sharing this article. I will share anything that I come across on those royalty determinations.

Edit-I misread part of the article.
This post was edited on 1/17/23 at 2:23 am
Posted by Beerinthepocket
Dallas
Member since May 2011
887 posts
Posted on 1/17/23 at 6:01 am to
Two new directors appointed.

Press Release

This is bullish if you’re hoping for some federal grants as I’d think this helps meet the diversity requirements.
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
3828 posts
Posted on 1/19/23 at 11:00 am to
This thing is wildly unpredictable
Posted by ev247
Member since Nov 2022
479 posts
Posted on 1/19/23 at 11:34 am to
What are yall waiting for at this point? Any predictions on gov't grants, timing on the DFS, something obvious that I'm not saying? I'm new to the party, got my first 600 shares the last two days around 3.50 (ha)
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