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Message

re: Diving deeper on Standard Lithium?

Posted on 1/15/24 at 4:40 pm to
Posted by Auburn1968
NYC
Member since Mar 2019
23060 posts
Posted on 1/15/24 at 4:40 pm to
quote:

nobody wants EVs and it cant be denied anymore


Tesla is doing EV's the right way, but having every car manufacturer rushing in all at once while Biden's billions for charging stations has been slow train wreck has certainly taken the blush off of the EV world. Then too the idiot eco-politicos don't want new power plants built unless they are wind and solar.
Posted by ev247
Member since Nov 2022
444 posts
Posted on 1/15/24 at 10:51 pm to
I may have reached a point of impatient pessimism and needed a nudge back toward the center, so thanks for that.

In my defense, 42 days between PRs while watching a $2.15 -> $1.52 descent can warp a man's imagination

On to Feb earnings and hopefully grant news before April.
Wait a minute...48c grant round 1 allocations will be made by March 31, 2024. Is this why the April hearing is the earliest the royalty decision will be made? They want to know if SLI will get grants first
Posted by Auburn1968
NYC
Member since Mar 2019
23060 posts
Posted on 1/15/24 at 10:55 pm to
quote:

Why? I'd flop my dick out and ask who in the room has a demo plant that is currently extracting lithium.



That's why the PR needs a weekly or monthly proof of concept report with amounts of soup to nuts independently verified. The SLI PR sucks. It's all talk and no substance.
Posted by Franticlethargy
I'm always lurking...
Member since Aug 2014
324 posts
Posted on 1/16/24 at 7:07 am to
Ibatf, I made 100,000 off sli. This now looks like a broken company. Just lost
This post was edited on 1/16/24 at 7:11 am
Posted by gautamj
Member since Sep 2023
59 posts
Posted on 1/16/24 at 8:19 am to
Folks !!

I'm wondering if there's any interest in drafting a common letter addressed to Mintak and Robinson with our concerns and suggestions, and sending it to SLI IR as an email campaign?

If we can get even 20-30 people to send it, it should catch their eye and hopefully consider our suggestions.

Maybe I'm being too naive here but is there any harm in trying?
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5413 posts
Posted on 1/16/24 at 8:43 am to
Maybe see if they can give us a little lithium for our depression
Posted by LSUSLU106
Member since Mar 2015
654 posts
Posted on 1/16/24 at 9:03 am to
So we all cutting ties from this thing and realizing it’s game over?
Posted by gautamj
Member since Sep 2023
59 posts
Posted on 1/16/24 at 9:52 am to
Today morning's 7% drop broke my back.
Had to sell all the stock I had bought on margin at a loss of well above 50,000 dollars.
The only way I break even now is if this climbs to 11 dollars.
Life just smacked me so hard.

ETA I know no one here gives a shite and it was my greed that cost me this money.. But I thought I'd share regardless.
This post was edited on 1/16/24 at 9:55 am
Posted by Auburn1968
NYC
Member since Mar 2019
23060 posts
Posted on 1/16/24 at 10:08 am to
If SLI had continually produced battery grade lithium over the last 3 years and simply stock piled it, it would be a major proof of concept and a solid asset on the books pending completion of the royalty agreement.

As it is, SLI is just a science experiment that the market is skeptical of.
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2898 posts
Posted on 1/16/24 at 10:15 am to
I can hold and figure at some point there will be a pop. Yahoo really has been pumping it lately. Doesn’t make me think better of SLI, just reaffirms my opinion of yahoo finance.

So are we thinking their leases are also worthless to another outfit that could just buy them outright?
Posted by ThermoDynamicTiger
Baton Rouge
Member since Jul 2008
1352 posts
Posted on 1/16/24 at 10:24 am to
So, has any other lithium company experimented with their technology in the Smackover formation besides SLI? Lithium is going to be produced in the USA somewhere. The Smackover seems like the best location to do it. It seems to me that these DLE technologies are very finicky and don't work in every circumstance. This alone should give SLI a leg up on everyone in the smackover formation as they have lots and lots of data and have tailored their process for this brine. So, is XOM really going to build a plant with a process that has never been tested in the smackover? That seems really risky...unless they plant to use SLI / Koch.
Posted by jamiegla1
Member since Aug 2016
7558 posts
Posted on 1/16/24 at 10:34 am to
quote:

Today morning's 7% drop broke my back.
Had to sell all the stock I had bought on margin at a loss of well above 50,000 dollars.
The only way I break even now is if this climbs to 11 dollars.
Life just smacked me so hard.

ETA I know no one here gives a shite and it was my greed that cost me this money.. But I thought I'd share regardless.

right there with you, bud. Thats why ive been so bitter lately.


quote:

So are we thinking their leases are also worthless to another outfit that could just buy them outright?

How will they pay for a lease with no money?
Posted by Franticlethargy
I'm always lurking...
Member since Aug 2014
324 posts
Posted on 1/16/24 at 10:44 am to
I rode this frickin thing down to 7
Posted by Franticlethargy
I'm always lurking...
Member since Aug 2014
324 posts
Posted on 1/16/24 at 10:45 am to
Lessons. Take your money
Posted by Franticlethargy
I'm always lurking...
Member since Aug 2014
324 posts
Posted on 1/16/24 at 11:39 am to
quote:

So, has any other lithium company experimented with their technology in the Smackover formation besides SLI? Lithium is going to be produced in the USA somewhere. The Smackover seems like the best location to do it. It seems to me that these DLE technologies are very finicky and don't work in every circumstance. This alone should give SLI a leg up on everyone in the smackover formation as they have lots and lots of data and have tailored their process for this brine. So, is XOM really going to build a plant with a process that ha




Ibatf
Posted by Elusiveporpi
Below I-10
Member since Feb 2011
2639 posts
Posted on 1/16/24 at 11:59 am to
Why is everyone selling over the stock price if no data good or bad came out? Is it the company financials? I haven’t seen much change from the timeline and status 2 months ago.

What is the red flag?

edit, did Just read Fe’s post. Thats not great.
This post was edited on 1/16/24 at 12:06 pm
Posted by Elusiveporpi
Below I-10
Member since Feb 2011
2639 posts
Posted on 1/16/24 at 12:17 pm to
Also a thought. The demo plant may not be running to save $. They know it works and they aren’t using their own DLE process on A1
This post was edited on 1/16/24 at 12:18 pm
Posted by tigerfoot
Alexandria
Member since Sep 2006
58974 posts
Posted on 1/16/24 at 1:16 pm to
quote:

This now looks like a broken company.
My impression is this is a lost ship. In a few years people will look over at the most famous metal building ever built in Arkansas and wonder what it was....
Posted by Franticlethargy
I'm always lurking...
Member since Aug 2014
324 posts
Posted on 1/16/24 at 5:49 pm to
Yea. I have the shirt, and hat. I refuse to short my baby. I’ll just walk away. Man
Posted by ev247
Member since Nov 2022
444 posts
Posted on 1/16/24 at 6:48 pm to
So I asked Ms. Howell if SLI is expecting the royalty decision at the April hearing or if that's just the soonest that it can happen.

She responded,

"[ev247], it is our current understanding that a decision is likely to be made regarding the royalty at the April AOGC meeting."
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