re: Diving deeper on Standard Lithium?

Highlights of their Q4 earnings call....posted on Wed


LINK

Net Income Before Taxes: CAD212.8 million for Q4 and CAD182.5 million for the full year ended June 30, 2024.

Net Income Per Basic Share: CAD0.97 for Q4 and CAD0.83 for the full year.

Net Consideration from Equinor Partnership: USD133 million.

Immediate Cash Payment from Equinor: USD30 million.

Working Capital Balance: Approximately CAD40 million.

Positive Points

Standard Lithium Corp (SLI) secured a significant strategic partnership with global energy major Equinor, validating the quality of their assets and processes.

The company received a CAD225 million conditional grant from the US Department of Energy, one of the largest ever for a US critical minerals project.

Successful commissioning of the first commercial-scale daily column in North America, with performance exceeding expectations.


Negative Points

The retreat in lithium pricing from all-time highs in 2022 has pressured the sector, impacting overall market sentiment.

Potential risks associated with the finalization of the DOE grant terms and conditions, which could be affected by a change in US administration.




And then a Q&A with some of SLI's finest

Royalty pre-hearing is scheduled for October 11 at 9am

LINK

Up big pre-market 5.5% as I type this. Breaking $1.70, do we leg up again today?

Holy cow. Might break $2 today?

come on girl break $2 for us

quote:

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Holy cow. Might break $2 today?

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no, but his week yes

I believe!

$12 incoming

I have a feeling more news is coming with this latest bump. I have a meeting later today that MAY give me some insight. I'm certainly going to dig. With a royalty pre-meeting coming up in a few days and this meeting being called just a few days ago and my presence being requested, I have hopes they are related.

That was fun while it lasted.