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Standard Lithium Ltd T.SLI


Primary Symbol: V.SLI Alternate Symbol(s):  SLI

Standard Lithium Ltd. is a Canada-based near-commercial lithium development company. The Company is focused on the sustainable development of a portfolio of lithium-brine bearing properties in the United States. The Company's projects, the Phase 1A Project and the South West Arkansas Project, are located on the Smackover Formation in southern Arkansas, a region with a longstanding and established brine processing industry. The Company has also identified a number of highly prospective lithium brine project areas in the Smackover Formation in East Texas and began a brine leasing program in the key project areas. The Phase 1A Project is a brownfield project being developed in cooperation with LANXESS Corp. The South West Arkansas Project is a greenfield project located approximately 15 miles to the west of the LANXESS facilities. In addition, the Company also has an interest in certain mineral leases located in the Mojave Desert in San Bernardino County, California.


TSXV:SLI - Post by User

Bullboard Posts
Comment by The_Primed_Reporton Jun 19, 2013 1:56pm
152 Views
Post# 21543298

RE: RE: RE: Hello Lori

RE: RE: RE: Hello Lori

Not at all, I am not sure how you would consider it selfish. The PP was to be done at 10 cents. If a PP is done now it will be at 6-7 cents. With no money, proxy wars, and perhaps the most difficult market ever the PP last fall was the absolute best move for the company and for shareholders. I feel that the lower suggested amount of 5 million would have been most appropriate. And yes I am neutral, I still hold no shares. As predicted though, management did win because they stuck to the letter of the law. I must admit, I do intent to buy stock if it hits 7 cents or less. I missed my shot yesterday. I think we will see 7 cents. Until the company is cashed up there is no catalyst to drive the price higher. JMO of course... everyone else shoudl make thier own call on buying or selling.

Bullboard Posts