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re: Diving deeper on Standard Lithium?

Posted on 9/20/24 at 5:41 pm to
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
3499 posts
Posted on 9/20/24 at 5:41 pm to
It's been a humbling hold.
Posted by CarbonAce
Member since Apr 2021
325 posts
Posted on 9/20/24 at 6:59 pm to
Exactly!
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
148469 posts
Posted on 9/20/24 at 7:26 pm to
quote:

We're BACK!!!
its like being in an abusive relationship with a hot bipolar woman
Posted by SmackoverHawg
Member since Oct 2011
30957 posts
Posted on 9/20/24 at 8:28 pm to
quote:

its like being in an abusive relationship with a hot bipolar woman

Yes it is and unfortunately I have personal experience in such matters. But damn it's good when it's good.
Posted by Boss13
Mobile
Member since Oct 2016
1845 posts
Posted on 9/20/24 at 8:44 pm to
Google showing after hours action to $1.44. If that's the case I'm finally back to green!
Posted by Fe_Mike
Member since Jul 2015
3702 posts
Posted on 9/23/24 at 7:08 am to
Good luck to AOGC not reaching a favorable decision on royalties now:

quote:

"Arkansas is proud of its all-of-the-above energy strategy, with a rich production history of oil, natural gas, bromine, and now, lithium," said Arkansas Governor Sarah Sanders. "Lithium has the potential to supercharge South Arkansas' economy - and this announcement from Standard Lithium moves us closer to that goal."

"Congratulations to SLI and its partners, and what an exciting investment in Arkansas," said Arkansas Secretary of Energy and Environment, Shane Khoury. "This award helps ensure that Arkansas stays on track to become a world leader in lithium production and promotes lithium extraction in a proven and cleaner manner."

"The announcement by Standard Lithium today is exciting news for south Arkansas," said Arkansas State Senator Matt Stone. "The $225 million grant from the Department of Energy will firmly establish Arkansas as an energy leader and pave the way for hundreds of jobs for our State."

"Standard Lithium's Department of Energy grant marks a pivotal investment in South Arkansas, empowering local communities while strengthening our nation's future," said Arkansas State Senator Ben Gilmore. "This initiative not only fosters economic growth but also plays a crucial role in breaking our dependence on China and securing a resilient supply chain for lithium and beyond."

"Congratulations to the SLI/Equinor team," said Arkansas Secretary of Commerce Hugh McDonald. "Arkansas is excited to see the validation of the lithium industry growth opportunities that will benefit thousands of Arkansans. This award and others solidify Arkansas' significant role in securing North America's lithium supply chain."

"South Arkansas College is excited about this news for our long-term partner Standard Lithium, and we will continue to support them in any way possible in the future," said President of SouthArk College, Dr. Stephanie Tully-Dartez.

"This is great news for the people of South Arkansas and a significant investment in our future and in our nation's future by helping to break dependence on foreign sources and supply chain for critical minerals," said Former Arkansas House Speaker Matthew Shepherd. "Not only will this investment directly create hundreds of jobs, it will indirectly create numerous opportunities for improved healthcare, childcare, and workforce development and have a lasting positive impact on South Arkansas and beyond."

"UA -Pulaski Tech is proud to be an educational partner on the workforce training component of this enormous investment in domestic production, securing of supply chains and jobs in Arkansas," said Dr. Summer Deprow, Chancellor of the University of Arkansas - Pulaski Technical College.

"Congratulations Standard Lithium on receiving this outstanding award," said Lafayette County Judge, Valarie Clark. "Lafayette County is grateful for the opportunity to support this great company in their future endeavors."

"I am very proud of Standard Lithium and their persistence in receiving the funding that has been procured by their organization," said Columbia County Judge, Doug Fields. "I know personally the challenge there is to obtain funding for a project! I'm proud to give my full support to Standard Lithium, and their endeavors to provide new jobs, new infrastructure, and to see them support the community in much-needed ways, not to mention the boost to our economy! Congratulations to Standard Lithium!"
Posted by CarbonAce
Member since Apr 2021
325 posts
Posted on 9/23/24 at 7:38 am to
New hearing is set for tomorrow on royalty
Posted by Boss13
Mobile
Member since Oct 2016
1845 posts
Posted on 9/23/24 at 8:44 am to
Gentlemen, I know we've made it all the way up to double digits, but today feels special for some reason.

This stock is starting to feel like an investment and not a gamble.
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
3499 posts
Posted on 9/23/24 at 8:49 am to
Agree, especially with the new CEO. We are assured they make it to production now and with a 50% production increase over what had been previously stated. The only question is the state of the lithium market at that time. Still a long hold with lots of peaks and valleys.
Posted by FMtTXtiger
Member since Oct 2018
4992 posts
Posted on 9/23/24 at 9:18 am to
whats this i heard that we may block Chinese EVS? is this part of the run?
Posted by Fe_Mike
Member since Jul 2015
3702 posts
Posted on 9/23/24 at 9:19 am to
Now we're cooking with grease.
Posted by ev247
Member since Nov 2022
479 posts
Posted on 9/23/24 at 9:24 am to
To prevent confusion, tomorrow is the next AOGC hearing but last week the royalty decision was continued to a time we don't yet know

This post was edited on 9/23/24 at 10:52 am
Posted by CarbonAce
Member since Apr 2021
325 posts
Posted on 9/23/24 at 9:29 am to
On September 24, 2024, the Arkansas Oil and Gas Commission will hear an Application filed by Albemarle Corporation, Saltwerx LLC, SWA Lithium LLC, LANXESS Corporation, and TETRA Technologies, Inc. (“Applicants”) in Docket No. 050-2024-09. In this docketed matter, the Applicants are seeking a Commission Order approving the method for fairly and equitably accounting to brine mineral interest owners for the anticipated profitable extraction of lithium ions from the Smackover Limestone Brine produced from lands in Columbia, Lafayette, Miller, and Union Counties.
Answers to Frequently Asked Questions
Why did I receive a letter regarding a hearing on September

Ok I thought that is what this was my bad!
Posted by ev247
Member since Nov 2022
479 posts
Posted on 9/23/24 at 9:36 am to
You're right, that's what it was originally. I posted when they changed it at the bottom of page 912, not sure how to link to the post. Hopefully they get the hard stuff resolved before the next actual royalty hearing (Oct?)

Like FeMike said, hopefully all of these Arkansas officials commenting on the grant signals that the royalty is in the bag.
This post was edited on 9/23/24 at 9:37 am
Posted by CarbonAce
Member since Apr 2021
325 posts
Posted on 9/23/24 at 9:37 am to
Ok I got ya thanks!
Posted by SmackoverHawg
Member since Oct 2011
30957 posts
Posted on 9/23/24 at 9:44 am to
quote:

We are assured they make it to production now and with a 50% production increase over what had been previously stated. The only question is the state of the lithium market at that time. Still a long hold with lots of peaks and valleys.

On the SWA project. Wonder how big the eTexas project will be?

Feeling like old times again.

They'll be a big client for me when this gets going here in Arkansas.
This post was edited on 9/23/24 at 9:45 am
Posted by kung fu kenny
Birmingham
Member since Sep 2017
2098 posts
Posted on 9/23/24 at 9:47 am to
Buying some now. Hopefully we keep going up.
Posted by SmackoverHawg
Member since Oct 2011
30957 posts
Posted on 9/23/24 at 10:04 am to
Added 5,000 shares to celebrate when it pulled back to $1.54.


F$%k it, let's make it 10k.

I'll probably end up back over 100k shares by the end of the day. Get ready for a pull back.
This post was edited on 9/23/24 at 10:08 am
Posted by Dock Holiday
Member since Sep 2015
1825 posts
Posted on 9/23/24 at 10:19 am to
quote:

Added 5,000 shares to celebrate


I'm with you Smack, added some chunks pre-market.

I really think I need my head checked or attend abuse counseling. I keep going back!!!

Posted by yodaddyroberto
Member since Oct 2012
446 posts
Posted on 9/23/24 at 10:28 am to
So I got into this when it was in $6-7 (not huge stake). I have been buying more just to average down. I plan to hold on to this for the long haul. What would be a realistic number as far as how high it would go? Obviously dependent on EV market, economy, etc etc.
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