Started By
Message

re: Diving deeper on Standard Lithium?

Posted on 1/19/23 at 2:20 pm to
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2900 posts
Posted on 1/19/23 at 2:20 pm to
You're in at a good spot. Go to sleep on it until lithium and lambos start getting mentioned in the OT.
Posted by BlastOff
New Orleans
Member since Feb 2016
823 posts
Posted on 1/19/23 at 2:40 pm to
quote:

I'm new to the party, got my first 600 shares the last two days around 3.50 (ha)


Posted by ev247
Member since Nov 2022
444 posts
Posted on 1/20/23 at 12:16 am to
I'm thinking 3,000 shares around 3.50 then put my pajamas on

While I'm here, would yall lease South Arkansas minerals to Albemarle now (I seem to be in their leasing territory) or hold off for possible better terms if/when lithium prod takes off and royalties have been determined?

This article references SLI and Lanxess asking for the AOGC to determine lithium royalty rates, but this line

"Commission decisions about lithium royalties will also set precedents for property owners in Columbia and Lafayette counties, where both Albemarle Corporation and Tetra Technologies contemplate lithium production from present or future brine wells."

reminds me that such a determination wouldn't affect Albemarle's leases right away.

Albemarle leasing fellow told me to call him back if I ended up buying the minerals, but I don't want to be stuck in an umteen-year lease if brine leases will be drastically more fruitful in just a couple of years.

Thoughts?

By the way, thank yall for the free education throughout this thread. If only I owned a hat factory...
Posted by Beerinthepocket
Dallas
Member since May 2011
871 posts
Posted on 1/20/23 at 10:11 am to
If rates aren’t set it yet, it may be possible for you to negotiate a higher rate than what will be possible once the commission sets the royalty rate.

That's how it worked for O&G leasing in Mississippi at least. I was able to negotiate a higher royalty than what was ultimately set by the commission for future leases.
Posted by ev247
Member since Nov 2022
444 posts
Posted on 1/22/23 at 12:55 am to
Oh, no kidding?

My mind is treading water on this for 3 reasons:

1. I'm assuming that these leasing territories are exclusive
and I would be "stuck" with Albemarle instead of, say, Lanxess.

2. It seems as though Albemarle's focus is primarily on bromine expansion for the time being.

3. I'd imagine that a brine lease offered now will cover brine/bromine with no regard for any future lithium consideration. I think I remember reading that brine leases in the area can commonly exceed 20 years. Imagine being three years into that and finding out that Albemarle is suddenly getting free lithium from you while you sleep.

Anyway, I reached out to Albemarle last week and will share what they end up offering, if anything.

I don't own enough minerals there to feel as though I have any real leverage, so I'm inclined to wait and find out what will happen with the lithium royalty rates and the direction Albemarle goes.

Also hoping that I can get 175 more shares of SLI at 3.50 this week. Yall still kickin?
Posted by Beerinthepocket
Dallas
Member since May 2011
871 posts
Posted on 1/22/23 at 11:50 am to
I’m sitting at 6,620 shares at an avg of $4.73. Continuing to add as long as it’s below $5
Posted by Grassy1
Member since Oct 2009
7330 posts
Posted on 1/22/23 at 11:59 am to
quote:

Also hoping that I can get 175 more shares of SLI at 3.50 this week. Yall still kickin?




The new blood is appreciated, but surely you can see the age and length of this thread.

We're still in, and arguably still kicking.

Yes, go get 175 more shares.
Posted by ev247
Member since Nov 2022
444 posts
Posted on 1/22/23 at 12:42 pm to
Thanks for your patience and encouragement, Grassy.

On page 577 of reading through the thread, right around when Koch invested. My comprehension isn't the best (and untreatable epilepsy), so I thank yall in advance for your grace re stupid questions.

You guys have provided fascinating insight on my only single stock.
I'd mix each and every one of your wine
Posted by KCRoyalBlue
Member since Nov 2020
1497 posts
Posted on 1/22/23 at 1:35 pm to
Only about 900 shares here, but holding strong.
Posted by BigPerm30
Member since Aug 2011
29413 posts
Posted on 1/25/23 at 9:54 am to
Anybody know why we got a bounce today?
Posted by boomtapp
Houston, Tejas
Member since Nov 2007
703 posts
Posted on 1/25/23 at 10:57 am to
I saw an article/press release today that mentioned SLI along with other lithium plays, but didn't give any information that wasn't already known as of Dec. 6.

*shrug emoji*
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2900 posts
Posted on 1/25/23 at 11:10 am to
On yahoo the lithium infoads have been increasing.
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3179 posts
Posted on 1/25/23 at 11:13 am to
quote:

Anybody know why we got a bounce today?


I heard gaucho sent Mintak a TigerDroppings hat, but that could just be a rumor.
Posted by Puffoluffagus
Savannah, GA
Member since Feb 2009
6323 posts
Posted on 1/25/23 at 12:22 pm to
quote:

Anybody know why we got a bounce today?


Its because I've been putting my buy orders .01 cent below the days lows for the last 3 days. The universe has decided to not let me fill those orders.
Posted by PotatoChip
Member since May 2014
4196 posts
Posted on 1/25/23 at 12:25 pm to
Generic lithium report mentioning SLI? LINK
Posted by Shepherd88
Member since Dec 2013
4805 posts
Posted on 1/25/23 at 12:34 pm to
None of the other names mentioned in that report are up as much as SLI. That report doesn’t list anything new (to us at least), maybe it does to other investors however. I’d like to think this volume is driven by something else.
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2900 posts
Posted on 1/25/23 at 1:04 pm to
There's always the possibility we'll wake up tomorrow to a news release renaming the company to Slitter.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
18353 posts
Posted on 1/25/23 at 1:17 pm to
quote:

Anybody know why we got a bounce today?


Nope. Looking at the trend line it will probably run to 5 then go down the mid 2s
Posted by Grassy1
Member since Oct 2009
7330 posts
Posted on 1/25/23 at 3:47 pm to
627k 1 hour after hours??

Wonder if that's accurate
Posted by bet84
Texas
Member since Jul 2021
103 posts
Posted on 1/25/23 at 4:17 pm to
Arkansas Lithium Corp (Robert Mintak Incorporator and Officer per SOS search) drilling one new well and 2 re-entries in Lafayette County.

LINK
Jump to page
Page First 766 767 768 769 770 ... 946
Jump to page
first pageprev pagePage 768 of 946Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram