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Message
re: Diving deeper on Standard Lithium?
Posted on 11/28/23 at 4:38 am to ev247
Posted on 11/28/23 at 4:38 am to ev247
Exxon has the following statement on their website and has named their project Mobil Lithium:
"We have the technology that can extract lithium with fewer carbon emissions, we can deliver a transparent supply chain, and we can scale projects that can reliably execute."
So Exxon already has DLE technology? A Nov 14 Reuters article mentioned Exxon had met with some companies such as IBAT and EnergySource, but as of the article date Exxon had not yet made a decision regarding the DLE tech to be used. Does anyone have any information regarding the DLE tech that Exxon plans to use?
LINK
"We have the technology that can extract lithium with fewer carbon emissions, we can deliver a transparent supply chain, and we can scale projects that can reliably execute."
So Exxon already has DLE technology? A Nov 14 Reuters article mentioned Exxon had met with some companies such as IBAT and EnergySource, but as of the article date Exxon had not yet made a decision regarding the DLE tech to be used. Does anyone have any information regarding the DLE tech that Exxon plans to use?
LINK
2
Posted on 11/28/23 at 4:50 am to bet84
IBAT seems like a cheap Hail Mary. I owned it when it shot u to $4 but rode it all the way back down. It's hard to tell which of these little startups are grifters
Posted on 11/28/23 at 6:17 am to bet84
I think they have some kind of deal with E3 lithium which is also out of Canada. It’s been awhile since I looked into them but from what I read, they didn’t even have a pilot plant.
Posted on 11/28/23 at 7:57 am to Shepherd88
Woof, get those funds ready. Down 5% premarket already.
I knew there'd be some pain but I don't think I saw sub $2 coming. Shucks.
Coal for Christmas.
I knew there'd be some pain but I don't think I saw sub $2 coming. Shucks.
Coal for Christmas.
Posted on 11/28/23 at 8:32 am to FLObserver
quote:
Soon be back in the dollar range. Is this where i go all in? I mean this will be to the moon in 3 or 4 years right? Are the only people buying this turd in this thread?
This is now way lower than I ever bought in at 2-3 years ago and at the time all in this thread thought we were mooning to $50
If commercialization is 2-3 years away then I've already waited this long and at these prices I'd consider a return to $12.5 mooning. Guess Im buying
Posted on 11/28/23 at 9:09 am to Fe_Mike
quote:
I don't think I saw sub $2 coming. Shucks.
They dragged their feet and waited too long to do anything and now they’ll get shoved out by Exxon and the big boys with deep pockets coming to town.
We’re in sunken cost fallacy and wish casting now. Tax harvest this thing to offset any gains or hold and pray if need be but I don’t see how anyone could buy more at this point
Posted on 11/28/23 at 10:15 am to Breesus
quote:
Tax harvest this thing to offset any gains or hold and pray if need be but I don’t see how anyone could buy more at this point
Def not buying anymore, wonder if smack has any ground level updates.
Posted on 11/28/23 at 10:30 am to kengel2
SLI has taken a pretty big blow over the past month for sure but the whole
Lithium sector has been down strong over 6 months and YTD. I don’t see anything specific to SLI other than them being slow as hell.
It would really surprise me to see them go under here quickly with the big hires they’ve made recently. Surely those execs wouldn’t have jumped on a sinking ship too?
Lithium sector has been down strong over 6 months and YTD. I don’t see anything specific to SLI other than them being slow as hell.
It would really surprise me to see them go under here quickly with the big hires they’ve made recently. Surely those execs wouldn’t have jumped on a sinking ship too?
Posted on 11/28/23 at 10:30 am to kengel2
quote:
I don’t see how anyone could buy more at this point
quote:
Def not buying anymore, wonder if smack has any ground level updates.
I couldn't resist and bought a couple thousand more at $2.07 this morning.
Close to done - if it dips below $2 I'll probably scratch it one last time. Just don't have much more room for leverage no matter how low it goes now.
Posted on 11/28/23 at 11:54 am to Breesus
quote:
We’re in sunken cost fallacy and wish casting now. Tax harvest this thing to offset any gains or hold and pray if need be but I don’t see how anyone could buy more at this point
This thing has turned out to be such a piece of shite
I guess I'll just ride my shares into the ground.
Posted on 11/28/23 at 12:20 pm to jchamil
quote:I'm on this train as well.
I guess I'll just ride my shares into the ground.
Posted on 11/28/23 at 2:55 pm to The Mick
All aboard the SLI express.
Posted on 11/28/23 at 4:35 pm to jchamil
quote:
I guess I'll just ride my shares into the ground
i would have but i recently rode another one into the ground and found out that the pleasure of being a martyr didnt outweigh the financial pain
Posted on 11/28/23 at 4:44 pm to jamiegla1
I thought Mike forecasted there will be some pain in the price for little awhile...sounds like everybody jumping off ship and giving up.
Posted on 11/28/23 at 4:58 pm to LSUSLU106
Jumping? I'm going in like SLim.
Posted on 11/28/23 at 5:04 pm to LSUSLU106
quote:
I thought Mike forecasted there will be some pain in the price for little awhile...sounds like everybody jumping off ship and giving up.
Not jumping ship, just not willing to invest any more. I'll ride it out with what I've got
Posted on 11/28/23 at 7:08 pm to Shepherd88
quote:
You cash out?
yeah a month or two ago. Whether the tech is real or not, the management wasnt convincing enough to stay. Some of their new-hire executives looked a little sketchy. I also feel like Exxon's presence will suck the life out of this stock and im not even sure that lithium is desired by the market anymore. If they start building a plant at some point and people are buying EVs, I may buy back in
Posted on 11/28/23 at 7:15 pm to LSUSLU106
I’m still in, been adding ~25-50 shares a day pretty regularly. Sitting at over 10k shares now
Posted on 11/28/23 at 7:35 pm to Beerinthepocket
I'll ride the dead horse I'm on until it decomposes. My shares are lent, so I'll buy more stock on those earnings to continue to DCA but otherwise won't add anymore from other funding sources to this stock anytime soon.
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