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re: Diving deeper on Standard Lithium?
Posted on 10/31/23 at 5:50 pm to boomtapp
Posted on 10/31/23 at 5:50 pm to boomtapp
Looks like SLI exercised the option in 3Q. From Tetra's earnings call today: "Finally, in the third quarter, we received notice from Standard Lithium exercising the lithium extraction option in the identified acreage outside of the approved brine unit, consistent with our 2017 agreement."
Might be why SLI released it today, to wait for Tetra's earnings.
Also from Tetra's earnings transcript re their option agreement with SLI: "TETRA's illustrative royalties would be $22.5 million per year based on our 2.5% royalty on gross lithium revenues, without any investments required by TETRA."
That could be us in a couple of years with all that bromine and potash at our East Texas interests...
Might be why SLI released it today, to wait for Tetra's earnings.
Also from Tetra's earnings transcript re their option agreement with SLI: "TETRA's illustrative royalties would be $22.5 million per year based on our 2.5% royalty on gross lithium revenues, without any investments required by TETRA."
That could be us in a couple of years with all that bromine and potash at our East Texas interests...

Posted on 10/31/23 at 8:17 pm to ev247
quote:
Also from Tetra's earnings transcript re their option agreement with SLI: "TETRA's illustrative royalties would be $22.5 million per year based on our 2.5% royalty on gross lithium revenues, without any investments required by TETRA."
Doing the math here... that's $900 million in revenue/year on the SLI side
Posted on 10/31/23 at 8:23 pm to Dock Holiday
Perfectly timed when people decided they don’t want EVs
Posted on 11/1/23 at 1:56 am to ColoradoAg03
Can someone explain share lending to me like I’m retarded?
I use fidelity
I use fidelity
Posted on 11/1/23 at 6:50 am to ThePTExperience1969
quote:
share lending to me like I’m retarded?
You loan out the shares you own to the institution (Schwab, Fadelity, etc) at a defined interest rate.
The institution then loans the same shares to a buyer(s) also at a % of the value loaned from you. It's profit for the institution and for you as the actual owner of the shares.
The buyer is using these loaded shares (or securities) for short selling activities, so they assume the risk and stand to make a large profit,
It's passive income for you the lender as long as you hold the stock and there is a demand on the short sell market. catch 22 though... Demand on the short market could mean bad performance on your account overall.
Posted on 11/1/23 at 8:11 am to ApexHunterNetcode
This thread is going to be a lot different a year from now. More like the old days. 

Posted on 11/1/23 at 8:53 am to SmackoverHawg
I hope so, I know everyone has different expectations, but would it help if we all commiserated on an exit plan? 

Posted on 11/1/23 at 8:57 am to ApexHunterNetcode
(no message)
This post was edited on 11/1/23 at 9:02 am
Posted on 11/1/23 at 8:58 am to Wraytex
quote:
I hope so, I know everyone has different expectations, but would it help if we all commiserated on an exit plan?
We're still collecting underpants at this point

Posted on 11/1/23 at 9:22 am to SmackoverHawg
quote:
This thread is going to be a lot different a year from now. More like the old days.
So I should order the bay boat or buy the cheap little used flat boat?
Posted on 11/1/23 at 9:27 am to SmackoverHawg
For anyone savvy in Google Earth go look at the site pic from 2015, 2022, and then October 2023. There has been some progress.
33.112788°
-92.673230°
October 2023 is not as easy to find, but it's there.
33.112788°
-92.673230°
October 2023 is not as easy to find, but it's there.
Posted on 11/1/23 at 9:32 am to SmackoverHawg
quote:
This thread is going to be a lot different a year from now. More like the old days
quote:
Anyone still in on this name?
We've had quite the run-up from $0.69 per share. Share price is currently sitting at $1.05.
Could the rise in price correlate to insider buying proving that the demonstration plant is operating as predicted?
This can't be a pump an dump, the relationship with Laxness is too legit.
Posted on 11/1/23 at 10:16 am to jamiegla1
How convinced is everyone that the lanxess project even happens? It’s small potatoes compared to the other options and the lowest % lithium concentrations.
Posted on 11/1/23 at 10:21 am to Wraytex
is there even a demand for that lithium? It seems like it would be nothing but a proof of concept at larger scale
Posted on 11/1/23 at 12:21 pm to Dock Holiday
Only other thing to note about lending shares, is that in most cases you do not retain your voting rights on lent shares.
Posted on 11/1/23 at 12:40 pm to Puffoluffagus
Schwab lending payout just hit the account. Pretty good income that beats the kick in the nuts that I had been getting before.
Posted on 11/1/23 at 4:48 pm to SuperSaint
ALB taking it on the chin today and post market
Posted on 11/1/23 at 7:08 pm to Wraytex
quote:
Schwab lending payout just hit the account. Pretty good income that beats the kick in the nuts that I had been getting before.
I like getting checks straight from SLI.

Posted on 11/2/23 at 9:28 am to SmackoverHawg
Smack, you're being coy...what is it that you know?
This post was edited on 11/2/23 at 9:49 am
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