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re: Diving deeper on Standard Lithium?

Posted on 12/3/24 at 12:49 pm to
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2886 posts
Posted on 12/3/24 at 12:49 pm to
As of now, I've lost the faith. Big money is lining up with competitive positions in the smackover that I believe will be just as lucrative on top of beating them to the punch. If there's a run up back to 2.50, I'll look to unload. Mainly sick at how long my capitol has been tied up with this.
Posted by jamiegla1
Member since Aug 2016
7552 posts
Posted on 12/3/24 at 4:15 pm to
The Murphy Oil of lithium
Posted by Auburn1968
NYC
Member since Mar 2019
23020 posts
Posted on 12/9/24 at 9:58 am to
The turtle didn't win the race.

Posted by CarbonAce
Member since Apr 2021
167 posts
Posted on 12/9/24 at 6:37 pm to
Are they even in the race?
Posted by Auburn1968
NYC
Member since Mar 2019
23020 posts
Posted on 12/13/24 at 1:34 pm to
When this thread is on page two, I feel like we have mostly given up.
Posted by lsugerberbaby
baton rouge
Member since Mar 2008
2954 posts
Posted on 12/13/24 at 1:51 pm to
Had an order fill at 1.51
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
144396 posts
Posted on 12/13/24 at 2:22 pm to
quote:

When this thread is on page two, I feel like we have mostly given up.
back in October I let a small position go when it was over $2

Have taken a beating since.

Over the last couple years I'd be snatching up a couple shares here and there as it falls but this pull back I've been sitting this one out..... as of now. But this thread always pulls me back in like a crazy ex girlfriend
Posted by TheJunction
Mississippi
Member since Oct 2014
1602 posts
Posted on 12/13/24 at 2:35 pm to
I got out a few days ago in the 165 range - moonshot coming, y'all just hold on.
Posted by FLObserver
Jacksonville
Member since Nov 2005
15181 posts
Posted on 12/13/24 at 4:30 pm to
Remind me again why this stock has garnered close to 1000 pages.
Posted by SmackoverHawg
Member since Oct 2011
28912 posts
Posted on 12/13/24 at 5:29 pm to
quote:

When this thread is on page two, I feel like we have mostly given up.

Until we get royalties set, I'm afraid we're at a standstill. I REALLY thought they were going to get set last time. There is a ton of money setting on the sideline waiting to go once they're set. Also seeing the current lithium glut is supposed to last until 2028, so there isn't a rush to get to production, but it'd be nice to see some progress. Unfortunately, there isn't a whole lot SLI can do concerning the royalties. I know they will hurt and piss off more people if they can't work out reasonable royalties v. a few landowners. I understand the landowners trying to get theirs, but I don't think they realize that it's not a sure thing and they may very well get jack shite.
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2886 posts
Posted on 12/13/24 at 7:12 pm to
In before SLI tells these landowners why their water isn’t worth their proposed royalty.

This post was edited on 12/13/24 at 7:17 pm
Posted by CarbonAce
Member since Apr 2021
167 posts
Posted on 12/16/24 at 8:45 am to
Whats even worse is I have heard no news on any royalty discussions since the last meeting
Posted by ev247
Member since Nov 2022
444 posts
Posted on 12/17/24 at 12:51 am to
All Standard can do without a royalty is (hopefully) finalize the grant, announce the East Texas details, and go to conferences.

Meanwhile the other players in the region can do alllllllll the development work that Standard has already done before needing a royalty. Standard suffers the most from the royalty stalemate.
This post was edited on 12/17/24 at 1:03 am
Posted by Houstiger
Houston
Member since Aug 2007
418 posts
Posted on 12/17/24 at 2:41 pm to
My average is $2.44 a share. At what price are you selling?
Posted by ev247
Member since Nov 2022
444 posts
Posted on 12/17/24 at 11:24 pm to
No kidding, my average is about the same.

Using the outdated SWA preliminary feasibility study (need the definitive feasibility study), I don't see a reason to sell before $4.21. CEO recently insinuated that a royalty decision before mid 25 would keep first production on track for their 2027-28 target. If the royalty isn't in before mid 25, I'll reassess then.

Also this price target uses some conservative SWA assumptions and doesn't give any value to Phase 1A or East Texas.
Posted by ev247
Member since Nov 2022
444 posts
Posted on 12/18/24 at 4:18 pm to
Got crushed with everyone else but at least someone bought 300k shares after hours
Posted by PotatoChip
Member since May 2014
4189 posts
Posted on 12/18/24 at 5:34 pm to
Doesn’t make me feel better than someone else wants to lose money with us
Posted by CarbonAce
Member since Apr 2021
167 posts
Posted on 12/19/24 at 7:18 am to
Well atleast now we know they have been doing something!
Posted by Elusiveporpi
Below I-10
Member since Feb 2011
2632 posts
Posted on 12/19/24 at 7:39 am to
Meanwhile, in Smakeovers back yard…SLI’a new test facility…..
Posted by ThermoDynamicTiger
Baton Rouge
Member since Jul 2008
1352 posts
Posted on 12/19/24 at 7:51 am to
So, we have two pilot plants now? One at Lanxess and one at the SW Arkansas site? At least they aren't just sitting on their arse
This post was edited on 12/19/24 at 7:52 am
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