re: Diving deeper on Standard Lithium?

I think it'll still come around, and they'll actually start producing and we'll start making money off our shares.

I am just starting to think SLI will end up not being the first to do so, and our profits will suffer because of it.....meaning instead of (eventually) $30-40+ a share, it'll be $10-20 a share, which will still be nice, but since they continue to sleepwalk we won't get the Vueve mixers, only the boones farms, maybe korbel

Been holding for 3 years now, since early in the thread.

Page 900 on our anniversary!

750k volume after hours




Btw congrats on the good sell Ballstein

I was lucky when I sold it. I think I was still spooked by my losses in WKHS earlier in the year that I vowed to never do that again.

I figured that once I sold it that it would moon.....fortunately for me (atleast at this time) I still have made the right call on that....

quote:

---

Not sure if anyone has seen this, but it's a good article on the challenges facing SLI and others in South Arkansas.

---

Reading this article, I'm going to double my holdings tomorrow morning. I don't think it's any coincidence that these companies are congregating and coalescing around where SLI has set up their test plant.

That, the investments of Koch, and the Equinor partnership almost makes this more than a speculative play.

There is still some serious risk, but Koch thought $7 a share was a fair price and Equinor dropped 30 million in a partnership. I find it hard to believe that what they saw behind closed doors was "unproven" or "potential."

One last comment, there are a lot of mentions of SLI outside of their own press releases now. What they are doing is starting to catch everyone's attention.

quote:

---

Equinor dropped 30 million in a partnership.

---

While not inconsequential, to help frame the amount - Equinor was sitting on 9.6 billion in cash at the end of March and Koch has somewhere north of $125+ billion in annual revenues. Big companies with an indication of interest in the space.

At the same time, both companies make smart decisions with strong success rates and growth

According to SA their balance sheet (EQNR) shows they currently have $37b in cash with $29b in debt. Nonetheless they’re flush with cash

Morningstar has it further broken down as $8B in actual cash and $29B in st investments (cash equivalents).
Thats strong

Generally, I don’t tend to worry when a new potential project pops up for two reasons.

1. Most lithium demand forecasts I’ve seen into the 2030’s show room for much more supply to come online than what’s already planned.

2. For one reason or several, new lithium projects are notorious for coming online later than planned.

On top of those, I’d want to know the new project’s lithium concentrations. If those are low, they’ll have to process more brine for each part of lithium they want to recover. This would give someone like Standard a significant advantage on pricing/margins.

(I’m no expert or advice giver)

Without holding my breath I'm guessing July or September. Those two will be in El Dorado, which is where the last two royalty hearings were scheduled (Dec and Apr). Maybe they'll have had enough time for Equinor to get involved by July/Sep? Just noticed the June hearing has been cancelled, so at least we can firmly rule it out.