re: Diving deeper on Standard Lithium?

There’s no situation where a stock drops
So low that you actually owe money, correct?

Will have to bring that up next time the wife asks how that lithium stock is doing

Somebody bring Mike his notes

Haha - bad timing for a freeze to keep me out of the office.

There really wasn't much more interesting to report though.

They're still trying to avoid dilution as much as possible for Phase 1 capital. Duh.

Prepays for offtake agreements are still apparently a strong possibility even at current prices. Couldn't get her to talk about partnerships much at all.

They're seeking a particular government loan that could be as much as $150 million at a 3-4% interest rate which would be great.

Shelf offering is being dipped into slowly to fund day-to-day ops and potentially more SWA/ETX engineering. Obviously we saw the start of that with the last filing.

What is your plan to do with your shares Mike and Smack. You guys giving up and cutting loss?

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What is your plan to do with your shares Mike and Smack. You guys giving up and cutting loss?

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I'm going to wait for the earnings call, just in case. I do not expect Mintak to say anything that is going to greatly change my opinion, though. I'll start selling some after the earnings call. Not going to totally exit, but will reduce by a good amount with the intent to buy back in once we are closer to an actual decision on a project.

Still like the company, but much more risk now with these low lithium prices. Have to adjust accordingly, and also try to take the 'opportunity' to improve my cost basis by buying back in later.

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What is your plan to do with your shares Mike and Smack. You guys giving up and cutting loss?

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Holding.

I sold half my holdings today and put them elsewhere. I'll reconsider buying back in closer to April if that's closer to when the FID and potential royalty gets determined.

I can't forsee sli making a significant jump in the interim as assumingly there won't be any positive PR to be had unless they announce the federal grant. Additionally, given the market is tepid on lithium right now. So if anything I wouldn't be surprised if there's a further drop between now and April and possibly I'll buy back in lower than what I sold. But we'll see.

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Either way, will royalty/grant/partnership/FID news in Q2 excite the market enough to get us back to a safe (far above $1) share price while we wait out construction until 2026?

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I think that's a safe bet.

The biggest risk right now is not the technology or the long term demand, it's simply the current lithium price and the fact that SLI is pre-revenue and trying to fund their first projects.

If SLI comes through with enough funding to get them through the lithium rough patch and start up construction, I think that eliminates a ton of risk and the stock price/valuation will settle in nicely while we wait. Their problem is getting the cash to keep going - once they've got the cash, via partnership, loan, grant, dilution whatever - they are good.

So yeh, the big risk is just when does that happen. They have so many institutional investors right now that they'll have to do an RS to avoid delist if they get below $1. Can they hold $1 til decisions are made? Maybe. Can they negotiate offtake agreements with lithium prices this low? Maybe. Can they get someone to partner up with them? Maybe.

Whole bunch of maybes.

Still like the play and honestly wish I could start buying now and just average down over the next few months.

Unfortunately, I'm way overleveraged and with what I consider the increased risk, I have to start decreasing this position soon.

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Unfortunately, I'm way over leveraged and with what I consider the increased risk, I have to start decreasing this position soon.

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Ditto, and going back to Mintak, de risking has been his favorite word even while his leadership has created the opposite. Getting rid of him would salve my wounds for awhile.

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Still like the play and honestly wish I could start buying now and just average down over the next few months.

Unfortunately, I'm way overleveraged and with what I consider the increased risk, I have to start decreasing this position soon.

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sucks being in this boat watching it drop another 10% in a single day today. 5% & 10% drops daily. Can’t even average down like you said or I’m just piling on more risk


my position is so large that all I could do was decrease it by 25%. If I hadn’t already been so overleveraged I’d definitely make a speculation play at these prices. Can’t do anything but pray for a rebound now though