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Started By
Message
re: Diving deeper on Standard Lithium?
Posted on 5/12/21 at 7:38 pm to SmackoverHawg
Posted on 5/12/21 at 7:38 pm to SmackoverHawg
Any other tidbits you can share?
1
Posted on 5/12/21 at 7:54 pm to GeneralLee
Unfortunately, no. But it's nice buying shares with their money. Anything I could add now that isn't hearsay would be too specific.
Now, I can say that you can see work trucks in town now with the Standard Lithium logos gassing up, and they were a co-sponsor for the local Mayhaw festival.
Lanxess is on board, but they will not officially sign JV until they complete their due diligence and I agree with their approach. I would imagine there is also some haggling over the split (70/30 v. 60/40) with STLHF doing the special offering in December and the money Lanxess would've been putting up if not for the COVID shut down. Not to mention the Tetra site is all STLHF. I haven't seen Tetra selling any of their 1% ownership.
ETA-and I'll add a disclaimer, just as before, that I'm not an insider. So, I'm just giving my opinion of what I see and hear. Take it for what it's worth. That may be a lot or very little. I'll tell you in a couple years.
Now, I can say that you can see work trucks in town now with the Standard Lithium logos gassing up, and they were a co-sponsor for the local Mayhaw festival.
Lanxess is on board, but they will not officially sign JV until they complete their due diligence and I agree with their approach. I would imagine there is also some haggling over the split (70/30 v. 60/40) with STLHF doing the special offering in December and the money Lanxess would've been putting up if not for the COVID shut down. Not to mention the Tetra site is all STLHF. I haven't seen Tetra selling any of their 1% ownership.
ETA-and I'll add a disclaimer, just as before, that I'm not an insider. So, I'm just giving my opinion of what I see and hear. Take it for what it's worth. That may be a lot or very little. I'll tell you in a couple years.
This post was edited on 5/12/21 at 7:58 pm
Posted on 5/12/21 at 7:59 pm to SmackoverHawg
quote:
But it's nice buying shares with their money.
Do you work for Standard?
Posted on 5/12/21 at 8:00 pm to SmackoverHawg
Hopefully it’s “shock and awe” once they finally get moving. I think if the JV wasn’t pretty much a done deal there’s no way the stock would be holding up as well as it has been.
Posted on 5/12/21 at 8:02 pm to LSU8144
quote:
Do you work for Standard?
Nope.
Posted on 5/12/21 at 8:07 pm to GeneralLee
quote:
Hopefully it’s “shock and awe” once they finally get moving. I think if the JV wasn’t pretty much a done deal there’s no way the stock would be holding up as well as it has been.
I think that's basically what it will be. If they want to uplist to NASDAQ, they got some work to do before years end. We are where I thought they would've been and should've been about this time last year. That's why I went so heavy so early. Glad I did. And the delays are a shitter but it did give me more time to accumulate more shares since COVID crunched my cash flow. The other upside is that everyone else has been slowed as well and lithium prices have rebounded, so the profits from their production will be substantially higher than they would've been last year.
Posted on 5/12/21 at 8:21 pm to SmackoverHawg
I have peanuts compared to you, but this board is the reason I bought this. I’ve become addicted to buying it and want it to stay down longer, so I can accumulate a few more. I wish I had more money to drop into it, but I’m too chicken to risk anything in my actual retirement account. I hope we all make a lot of money and I assume some people will be making life changing money if this has the potential we all believe it does
Posted on 5/12/21 at 8:24 pm to LSU8144
We’re all getting shirts if you haven’t heard
Posted on 5/12/21 at 8:43 pm to jimbeam
quote:
We’re all getting shirts if you haven’t heard
I thought it was hats? Or is it both?
Posted on 5/13/21 at 7:02 am to Fe_Mike
Get your red pants on boys, gonna be another bloody day for Standard. Oiy.
Once again, for those looking to up their position today will be an opportunity. Get those buys in for ~2.75-2.80
Once again, for those looking to up their position today will be an opportunity. Get those buys in for ~2.75-2.80
Posted on 5/13/21 at 8:02 am to Fe_Mike
Good. Hell, I’ll take lower. Guarantee when I buy, it’ll drop at least $.10 just after.
Posted on 5/13/21 at 8:16 am to Fe_Mike
We'll see, bid x ask doesn't look too bad right now. My guess is this trades between $2.95-$3.15 today. Market due for a bounceback imho.
Posted on 5/13/21 at 8:30 am to GeneralLee
I added another measly 500 shares yesterday at $3. May add some more if it drops but ready for this to take off.
Posted on 5/13/21 at 8:53 am to Shepherd88
Really want to add right now at 2.95 but this stock is killing me.
Posted on 5/13/21 at 8:59 am to AbitaFan08
I am not adding anything except to my cash position. Count me as spooked on the whole market.
Posted on 5/13/21 at 9:45 am to GREENHEAD22
Disappointing action this morning for sure. Market up big but anything remotely EV related down.
Posted on 5/13/21 at 9:52 am to GREENHEAD22
quote:
spooked on the whole market.
Never thought I’d actually do it, but I cut some losses and moved all my higher risk positions to S&P.
Posted on 5/13/21 at 10:13 am to CecilShortsHisPants
I did the opposite, had sold some to lock in profits, then put it all back on the dip.
Posted on 5/13/21 at 11:28 am to pkloa
Added 400 more shares at 2.86 just now. Slowly building up to 4K shares total.
Posted on 5/13/21 at 11:45 am to skewbs
Added 800 at 2.94. Ughhhh. Still better than 3.70
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