re: Diving deeper on Standard Lithium?

LINK

I didn’t learn anything new from this article, but I like the title - Liquid Gold, Texas … !!

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I can’t see that kind of burn rate on one of those trucks. You’re getting into QE 2 consumption range.

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It's a long way down and a long way back up.

Anyone taking a chance on Tetra?

How did you find these? I'm getting nothing when I search the Harris Govern "Cass CAD - Property Search" site that shows up first on Google.

LINK

Open the link, click on Real Estate, click on Search Real Estate Index, enter Cass County Brine in the party name box.

Thanks for the link, bet.
Is anyone planning to tune in for the annual general shareholders meeting on Tuesday at noon?

I attempted to connect multiples without success??? Called for assistance and they hung up.

Makes me think

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2. Construction is expected to take 2 years so the target to begin production on the Lanxess (first) project is end2025-begin2026.

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That is quite a long time for a small unit that already has all the utilities and brine extraction. Hopefully they can fast track the design and construction to speed this process up.(overlap design and construction) With 100 mil in the bank, theoretically they could have cut PO's for long lead time items before full funding has been granted.

Below was my predicted timeline that I posted 9 months ago. I still feel pretty confident in the model.

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For a 170MM project- my calculator shows the following. This is a super generic calculator, but the key dates it spits out are:

Construction start: 7-Oct-2023
Startup :26-Feb-2025


IF most of TIC is material related, this can be sucked in considerably. Also since there was a test plant, maybe the scaling will take minimal time. But who knows.

The calculator was putting way too much time on Project definition,m so i modified the start date on it to align to what we were told.

Model Predicted Schedule Start Finish Duration
Project Definition 1-Jan-2022 17-Apr-2023 15.5
Detailed Engineering 4-Apr-2023 19-Jun-2024 14.5
Procurement 11-Feb-2023 17-Oct-2024 20.2
Construction 7-Oct-2023 26-Feb-2025 16.7
Startup 26-Feb-2025 9-May-2025 2.4
Execution Duration 4-Apr-2023 26-Feb-2025 22.8
Total Cycle Time 1-Jan-2022 9-May-2025 40.3
Construction/Engineering Overlap (% of Engineering Duration) 58%

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https://www.standardlithium.com/investors/news-events/press-releases/detail/139/standard-lithium-announces-results-of-2023-annual-general

Standard Lithium Announces Results of 2023 Annual General and Special Meeting

April 04, 2023 4:00pm EDT

El Dorado, Arkansas – April 4, 2023 – Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLI) (NYSE American: SLI) (FRA: S5L), a leading near-commercial lithium company, is pleased to announce the detailed voting results from its Annual General and Special Meeting held on April 4, 2023 (the “Meeting”).

A total of 42,664,744 common shares were represented at the Meeting, representing 25.42% of the issued and outstanding common shares of the Company at the record date.

All of the matters put forward before shareholders for consideration and approval, as set out in the Company's management information circular dated February 23, 2023 (the “Circular”), were approved by the requisite majority of votes cast at the Meeting.

Election of Directors

The number of directors was fixed at eight and each of the following nominees set forth in the Company’s Circular was elected as a director of the Company to hold office until the next annual meeting of shareholders or until their successors are elected or appointed:

Nominee

% Votes FOR

% Votes AGAINST

Robert Cross

99.23%

0.77%

Dr. Andrew Robinson

84.76%

15.24%

Robert Mintak

91.18%

8.82%

Jeffrey Barber

99.24%

0.76%

Anthony Alvaro

55.98%

44.02%

Dr. Volker Berl

99.20%

0.80%

Claudia D’Orazio

99.01%

0.99%

Anca Rusu

98.98%

1.02%

Appointment of Auditor

At the Meeting the shareholders approved the appointment of PricewaterhouseCoopers LLP, Chartered Professional Accountants as the auditor of the Company and authorized the directors to fix the remuneration to be paid to the auditor. The resolution was approved with 99.58% votes FOR and 0.42% votes WITHHELD.

Approval of Amended and Restated Option Plan and Amended and Restated Incentive Plan

The shareholders also ratified the amended and restated stock option plan of the Company, which was approved by resolution with 79.31% votes FOR and 20.69% votes AGAINST, and the amended and restated long term incentive plan of the Company, which was approved by resolution with 81.87% votes FOR and 18.13% votes AGAINST.

The Company has filed a report of voting results on all resolutions voted on at the Meeting under its profile on SEDAR (www.sedar.com).

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And what do we know about this Anthony Alvaro fellow, who boasts a 44.02% Against vote?

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IDK anything about him, but on their website it says "Anthony Alvaro is a co-founder of Standard Lithium. With over two decades experience in international capital markets, he has played active roles in wealth management, corporate finance, institutional sales, M&A, venture capital and private equity. Mr. Alvaro has a passion for assisting companies navigate from the private sector to the public markets and has raised over $500 million for companies across multiple industry sectors. He has held executive and board positions with multiple public and private companies."