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Posted on 7/26/23 at 4:34 pm to jamiegla1
Posted on 7/26/23 at 4:46 pm to Beerinthepocket
Anyone want to summarize 

Posted on 7/26/23 at 4:55 pm to Drunken Crawfish
How can one load it to an AI app that will summarize?
Just scanning through it this stood out;

Just scanning through it this stood out;
quote:
13.9 Conclusions and Recommendations
Standard Lithium has completed substantial testwork, and many aspects of the proposed flowsheet at the SWA Project are either normal industrial processes, have been demonstrated at substantial pre-commercial scale, or have been verified by pilot scale work on similar solutions. As such, it is felt by the author that sufficient testwork has been completed to support the flowsheet proposed for the SWA Project at this stage of evaluation.
Recommendations are:
§ Continue to test and secure commercial-scale production of domestically produced sorbent material;
§ Continue to operate and collect data from the existing LiSTR Demonstration Plant;
§ Process large volumes of feed brine from the SWA Project location through the Demonstration Plant, and run the brine through the LiSTR process;
§ Complete a Pilot testing program at sufficient scale to verify that lithium chloride to hydroxide conversion is reasonable. This should be completed using real LiSTR lithium chloride solutions; and,
§ Complete any necessary OEM testing to ensure that lithium hydroxide solution can be reasonably concentrated and evaporated/crystallised to a battery-quality lithium hydroxide monohydrate product.
This post was edited on 7/26/23 at 5:03 pm
Posted on 7/26/23 at 5:25 pm to BuckyCheese
Just based on those recommendations it seems we are still in the same place we have been the past two years.
This post was edited on 7/27/23 at 8:32 pm
Posted on 7/26/23 at 5:41 pm to GREENHEAD22
This is for the PEA for the SW Arkansas project, not the DFS for the Lanxess project.
The DFS should be out any day now which should be a game changer.
The DFS should be out any day now which should be a game changer.
Posted on 7/26/23 at 5:54 pm to BuckyCheese
in that same section it said those items should take two years.... 

Posted on 7/26/23 at 7:20 pm to Wraytex
they dont seem like they really want to sell lithium
Posted on 7/26/23 at 8:32 pm to jamiegla1
I don't think the management team wants too.
I think they want to get bought and retire
I think they want to get bought and retire
Posted on 7/26/23 at 10:10 pm to Beerinthepocket
I think there's some confusion here.
As far as the Southwest Arkansas project, we're waiting for the Preliminary Feasibility Study. What they released today is an "amended" version of the PEA from 11/25/2021. The numbers from this amended PEA are identical to the numbers from the original 2021 PEA, down to the net present values, annual revenues, and the lithium price of $14,500. It wouldn't make sense for the new figures to match 2-year old figures. Also, this update was filed June 16th. Hard to believe there wouldn't have been a PR if this were the actual update.
Even the "recommendations" sections are identical. This is from the 2021 version:
"The authors recommend Standard Lithium approaches accomplishing these tasks over a two year period. The total estimated cost of the recommended work including contingency is
US$7,000,000."
Familiar? Also on today's version.
tldr I'm pretty sure that we're still waiting for the Southwest Arkansas update, and the Lanxess DFS of course.
ETA the inferred resource estimates are also identical, which all but confirms the theory that this isn't our news. That number doesn't stay the same after two years of drilling and testing.
As far as the Southwest Arkansas project, we're waiting for the Preliminary Feasibility Study. What they released today is an "amended" version of the PEA from 11/25/2021. The numbers from this amended PEA are identical to the numbers from the original 2021 PEA, down to the net present values, annual revenues, and the lithium price of $14,500. It wouldn't make sense for the new figures to match 2-year old figures. Also, this update was filed June 16th. Hard to believe there wouldn't have been a PR if this were the actual update.
Even the "recommendations" sections are identical. This is from the 2021 version:
"The authors recommend Standard Lithium approaches accomplishing these tasks over a two year period. The total estimated cost of the recommended work including contingency is
US$7,000,000."
Familiar? Also on today's version.
tldr I'm pretty sure that we're still waiting for the Southwest Arkansas update, and the Lanxess DFS of course.
ETA the inferred resource estimates are also identical, which all but confirms the theory that this isn't our news. That number doesn't stay the same after two years of drilling and testing.
This post was edited on 7/26/23 at 10:21 pm
Posted on 7/26/23 at 10:29 pm to ev247
these are really good points. I noticed that production "started in 2025", somewhere in that doc. I thought it must be a mistake.
Posted on 7/26/23 at 11:37 pm to ev247
Thank you for your very helpful analysis. So we are still waiting on new news, heh?
Posted on 7/27/23 at 6:15 am to Beerinthepocket
Not the news I was looking for.
Posted on 7/27/23 at 6:20 am to Wraytex
Hopefully the stock price pops due to the PFS & DFS before they raise funds using this offering.
This post was edited on 7/27/23 at 7:47 am
Posted on 7/27/23 at 9:42 pm to ev247
If anyone's interested here's a new interview with COO/President Andy Robinson on the Don't Waste Water podcast. I wouldn't call this one a must watch unless you enjoy the science. A couple of mellow takeaways:
Q What will change between your process today and the one you'll have in the full scale?
A The only real change will be that in the full-scale plant there will be a recycle stream from the carbonation plant back into the front of the facility...One or two recycle loops will be integrated.
Q How much [extraction efficiency] do you reach?
A At the DLE stage, we see well over 90 percent extraction efficiency...Front to start-we're in the middle of the design phase for the commercial phase right now so we have a contractor running FEED study-I think the basis of design we're working on a little over 88-89ish percent total start-to-finish extraction efficiency for lithium, which is huge.
Some people have asked about this subject so I thought I'd include it:
Q I've been following Elon's Twitter and I've read that lithium-producing companies are printing money. And you have a demo plant running since 2020 and you're not selling what you're producing. Why so?
A Because frankly, we're not allowed to at the moment. In Arkansas, the minerals are owned by the mineral rights owners. And they are due some money when someone like us comes along, pumps that resource to the surface, and creates value from it. Some portion must go to the people who own the minerals.
We lie back in wait.
Q What will change between your process today and the one you'll have in the full scale?
A The only real change will be that in the full-scale plant there will be a recycle stream from the carbonation plant back into the front of the facility...One or two recycle loops will be integrated.
Q How much [extraction efficiency] do you reach?
A At the DLE stage, we see well over 90 percent extraction efficiency...Front to start-we're in the middle of the design phase for the commercial phase right now so we have a contractor running FEED study-I think the basis of design we're working on a little over 88-89ish percent total start-to-finish extraction efficiency for lithium, which is huge.
Some people have asked about this subject so I thought I'd include it:
Q I've been following Elon's Twitter and I've read that lithium-producing companies are printing money. And you have a demo plant running since 2020 and you're not selling what you're producing. Why so?
A Because frankly, we're not allowed to at the moment. In Arkansas, the minerals are owned by the mineral rights owners. And they are due some money when someone like us comes along, pumps that resource to the surface, and creates value from it. Some portion must go to the people who own the minerals.
We lie back in wait.
Posted on 7/28/23 at 4:32 am to ev247
maybe someone already knows the answer but why not pay royalties and sell the lithium?
Posted on 7/28/23 at 7:46 am to jamiegla1
Commission hasn’t established what the royalty rate is yet.
Posted on 7/28/23 at 12:44 pm to ev247
quote:
Because frankly, we're not allowed to at the moment. In Arkansas, the minerals are owned by the mineral rights owners. And they are due some money when someone like us comes along, pumps that resource to the surface, and creates value from it. Some portion must go to the people who own the minerals.
Uhhhhh, but not all of it.
Posted on 7/28/23 at 7:01 pm to Chucktown_Badger
But they haven’t established what that amount is.
Standard is not allowed to take lithium out of the brine right now without putting it right back in and returning it to ground. It’s not up to them.
The permitting will be a small formality once the project is approved and construction is under way, but they (Arkansas) aren’t going to approve SLI extracting and selling lithium until they have a plan and purchase orders rolling out to start the commercial construction.
Standard is not allowed to take lithium out of the brine right now without putting it right back in and returning it to ground. It’s not up to them.
The permitting will be a small formality once the project is approved and construction is under way, but they (Arkansas) aren’t going to approve SLI extracting and selling lithium until they have a plan and purchase orders rolling out to start the commercial construction.
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