re: Diving deeper on Standard Lithium?

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What would be a realistic number as far as how high it would go?

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Long haul, like after East Texas is up and running which is many years down the road, $50-100.

That's assuming Equinor or Koch doesn't buy them outright, which I think is the more likely scenario.

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That's assuming Equinor or Koch doesn't buy them outright, which I think is the more likely scenario.

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I'll take twice Koch's purchase price and not look back.

I like the pie in the sky numbers too, but I'll take a sure thing in the shorter term and not be unhappy.

I think people are still not fully understanding that this is the greenest way to get lithium. If it really is about being "green", the lithium from the Smackover is the way to go. Traditional methods and many being advertised as DLE are anything but green.

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, I'd settle for a keg of Natty light at this point.

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We'll be able to at least spring for Miller Lite and Franzia.

I'm still $1 from break even though. Should've loaded up more when we were down around a dollar, but Biden and Medicare owe me about $250k from the Change Healthcare fiasco, IRS owes me about $80k and I'm was a dumbshit by not sticking to my guns and waiting until we were under $1.50 and bought a big chunk at $2.13.

12$ would be nice! Would be nice to draw 15-16% on share lending for a few years at that level

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What about the dynamic where SLI's DLE tech might not be the most competitive anymore? Seems like this is a lot different than 3-4 years ago when they were clearly the tech leader in the space. Now Albemarle, Exxon, and Schlumberger are getting into the DLE game, and clearly they know how to get to production better than SLI and even Equinor/Koch. That makes me think if a buyout happens, it'll be for SLI's acreage holdings more so than SLI's tech.

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Do we have any of their numbers to compare? I would be inclined to agree with you but Koch and Equinor have dumped a lot of money into this. Koch thought this was a good buy at $7 a share. I know they have FU money but they didn't get it wasting time and money on half-assed startups in crowded fields.

They put eyes on the product and they loved what they saw.

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What about the dynamic where SLI's DLE tech might not be the most competitive anymore? Seems like this is a lot different than 3-4 years ago when they were clearly the tech leader in the space. Now Albemarle, Exxon, and Schlumberger are getting into the DLE game, and clearly they know how to get to production better than SLI and even Equinor/Koch. That makes me think if a buyout happens, it'll be for SLI's acreage holdings more so than SLI's tech.

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Their the only ones that have successfully extracted from the Smackover Brine and are apparently doing well and maybe better than expected from the commercial column they are currently running. I'm told they are pleased with the column and continue to refine and optimize it. I cannot attest to anything first hand except they are running it and are starting to add more employees. By all accounts construction will begin as soon as possible. The current hold ups are the royalties and Lanxess is the hold up on that project. They apparently are trying to gig them for more than previously agreed after they chickenshitted out. I could see Equinor or Koch buying them out. Wouldn't be shocked to see them buy El Dorado Chemical (now owned by LSB industries) to lock down supply of needed reagents.

Time for the power hour. Ready to see this over $2 again.

Would love to crack $1.70 and finish HOD. Puts $2 in play tomorrow.

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Can you explain the lending process to us plebs.

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You basically become a "bank" for SLI shares to be "borrowed".

Short sellers don't actually own the stock, but borrow it from a broker or lender and pay the broker and a % interest on the shares. I forgot what my SLI topped out at, but started around 4% and over time rise of 10% at one point. You will get money directly deposited to my account every month based on the % interest and balance of shares lent out, it can fluctuate greatly. You have to sign paperwork to get into the program, call your account broker or send them an email.

Yes, you can sell your shares at any time, even if lent out. kinda weird...

Edit to add:
Short selling ads a layer of unpredictability to the stock price, it will move one way or another for no financial reason, If the wrong (or right) person holds a ton of puts or calls they have their own ways to manipulate the stock price in their favor, including, but not limited to paid for hit pieces for public consumption.