Standard Lithium Ltd SLI

Eight Capital's thoughts on the report...

[ilikezn]

nally on the Standard Lithium… Hindenburg was out with a short report. I’m a bit late to the party here but in going through the report there doesn’t appear to be much there. Most of it focuses in on Robert Mintak’s prior business activities however there’s very little data/evidence on the Standard process or technology. As a reminder, SLI has partnered with LANXESS Corporation – a 4.7 billion Euro market cap German chemicals manufacturer on its project in Arkansas (analyst Anoop Prihar published a report on this last week). In addition, Koch Strategic Partners invested US$100mm in SLI in November at a price of C$9.43/share. In January the company signed a LOI with Koch Minerals and Trading to develop an off-take agreement that will allow Koch to purchase lithium hydroxide from SLI. Koch has also agreed to help procure key raw materials and chemical reagents by using its global scale and expertise. Management has also indicated that additional developments with Koch could be forthcoming in the near term. Now I know Koch can be a spooky word for some of you go woke or broke folk out there but just remember what’s at stake here: building out a secure North American lithium supply chain so we can save each other by driving around in electric vehicles. We’re working on teeing up a group call with management to walk their through rebuttal—let me know if you’d want to dial in.

 

...on the Standard Lithium… Hindenburg was out with a short report.    I’m a bit late to the party here but in going through the report there doesn’t appear to be much there. Most of it focuses in on Robert Mintak’s prior business activities however there’s very little data/evidence on the Standard process or technology. As a reminder, SLI has partnered with LANXESS Corporation – a 4.7 billion Euro market cap German chemicals manufacturer on its project in Arkansas (analyst Anoop Prihar published a report on this last week). In addition, Koch Strategic Partners invested US$100mm in SLI in November at a price of C$9.43/share. In January the company signed a LOI with Koch Minerals and Trading to develop an off-take agreement that will allow Koch to purchase lithium hydroxide from SLI. Koch has also agreed to help procure key raw materials and chemical reagents by using its global scale and expertise. Management has also indicated that additional developments with Koch could be forthcoming in the near term...just remember what’s at stake here: building out a secure North American lithium supply chain so we can save each other by driving around in electric vehicles.