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re: Diving deeper on Standard Lithium?

Posted on 5/23/23 at 11:41 am to
Posted by FMtTXtiger
Member since Oct 2018
4532 posts
Posted on 5/23/23 at 11:41 am to
Is there a goal % of extraction that SLI or "big money" is looking for?



I feel like this is similar to Breaking bad.
Posted by jamiegla1
Member since Aug 2016
7560 posts
Posted on 5/23/23 at 12:07 pm to
I agree with publishing pilot plant results frequently. That is a sign of something actually happening. I’d like monthly updates on the DFS schedule. But high lithium in this well is a projection of potential. It doesn’t give us a sense of where things actually are and why we should invest in them
Posted by Shepherd88
Member since Dec 2013
4803 posts
Posted on 5/23/23 at 12:09 pm to
Maybe the PR team reads this board and wanted to give y’all some news other than they were attending another conference? Lol
Posted by Puffoluffagus
Savannah, GA
Member since Feb 2009
6323 posts
Posted on 5/25/23 at 8:36 pm to
Maybe there's a short on the horizon. Just got an email to schwab asking me if I want to lend out my shares at 12% interest.
Posted by jamiegla1
Member since Aug 2016
7560 posts
Posted on 5/25/23 at 8:49 pm to
Blue Orca's been waiting for this moment
Posted by Fe_Mike
Member since Jul 2015
3538 posts
Posted on 5/25/23 at 9:15 pm to
Man I’ve been getting 9% recently. Please bump me up to 12!

On the real, the amount of money I’ve made just from FPL on this ticker is stupid. I’ve almost covered my cost basis. I love how much people pay to hate this stock.

Like hey Blue Orca, frick you for that short report, but also thanks for the daily checks. Please keep it coming as we head back up.
Posted by kengel2
Team Gun
Member since Mar 2004
32888 posts
Posted on 5/25/23 at 9:41 pm to
So I should sell because it's about to get shorted?
Posted by Beerinthepocket
Dallas
Member since May 2011
871 posts
Posted on 5/26/23 at 6:28 am to
This post finally convinced me to enroll in FPL. 12% is too good to pass up. I’m planning on rolling the interest into additional shares at any price sub-$5.
Posted by GREENHEAD22
Member since Nov 2009
20045 posts
Posted on 5/26/23 at 7:01 am to
FPL, what is it and what is the risk?
Posted by Auburn1968
NYC
Member since Mar 2019
23066 posts
Posted on 5/26/23 at 10:14 am to
Been doing fully paid lending for the last couple of years. Pulls in $1,200 to $2000 per month on my SLI shares.

Should SLI get its feet out of the mud, it would be a lot more.
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2899 posts
Posted on 5/26/23 at 10:23 am to
Got off the phone with Schwab about this...... over what I've left on the table here. If you're holding L/T, you should definitely be in this.
Posted by BestBanker
Member since Nov 2011
18214 posts
Posted on 5/26/23 at 10:39 am to
If you don't mind me asking, what size estimate would you say you own, without having to be specific so we can get an idea of the benefit?
Posted by Shepherd88
Member since Dec 2013
4803 posts
Posted on 5/26/23 at 11:06 am to
Now on the flip side, doing that gives short sellers the ability to borrow your shares. Which will lead to more downside volatility in the stock.
Posted by Grassy1
Member since Oct 2009
7323 posts
Posted on 5/26/23 at 11:13 am to
quote:

If you don't mind me asking, what size estimate would you say you own, without having to be specific so we can get an idea of the benefit?




About 3 pages ago several posters mentioned how much they owned. Shouldn't be too hard to find and I'm pretty sure he stated.
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2899 posts
Posted on 5/26/23 at 11:28 am to
quote:

If you don't mind me asking, what size estimate would you say you own, without having to be specific so we can get an idea of the benefit?




The Rep said Schwab was currently paying 12.1%


My puny 15,200 shares would pay 576$ a month at this time. Higher stock valuation = higher payout. I am unclear what condition would make the 12.1% rate decline.
Posted by Beerinthepocket
Dallas
Member since May 2011
871 posts
Posted on 5/26/23 at 11:30 am to
I’ll offset that using the short seller’s interest payments to buy the stock.
Posted by ev247
Member since Nov 2022
444 posts
Posted on 5/26/23 at 11:55 am to
FYI I noticed last night that Exxon did not buy that Arkansas land from Galvanic but it was a $100m lease instead. Wanted to correct myself

Magnolia Reporter
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2899 posts
Posted on 5/26/23 at 12:31 pm to
Yeah that was some pretty cheap land and mineral rights
Posted by bet84
Texas
Member since Jul 2021
103 posts
Posted on 5/26/23 at 11:33 pm to
Did everyone see the SLI Facebook post with the photo of the display case presented to Congressman Bruce Westerman? I want one to go with my hat.

I wonder what the “Together, we’re powering the future” means? Details please.
Posted by Auburn1968
NYC
Member since Mar 2019
23066 posts
Posted on 5/27/23 at 11:32 am to
Location is good for SLI should it start producing a lot of lithium.

===========
South Korea’s Hyundai Motor Group and LG Energy Solution Ltd (LGES) announced Thursday that they will build a $4.3 billion electric battery plant in Georgia amid a U.S. push to bring battery production to the states.

LGES supplies automakers including Tesla Inc. and General Motors Co.

https://www.foxbusiness.com/technology/hyundai-lg-partner-build-4-3-billion-electric-vehicle-battery-plant-georgia
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