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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 Crazy_Hendersonon Apr 15, 2012 12:50am
245 Views
Post# 19795413

RE: Agoracomers confused....

RE: Agoracomers confused....

Primed, if I may be so bold as to add a number 3 to your list:

 

3.  Quit acting like Havilah is a deal so mind-blowingly beneficial to shareholder that if it were not to happen it would ruin everything. 

 

By spinning out Havilah, you get to be diluted further through private placements and incentive stock options and you get to pay a whole other company's worth of salaries.  Based on the financing price of 0.10 and SLI's current shareprice of 0.55 and recieving 1 share for every 20, the net value of Havilah to SLI will equal 1/110th.  But what the heck, they're free, and maybe they'll be worth more than SLI some day (actually there's a pretty good chance of that).

 

So for those of you sitting on 100,000 SLI shares, here's what the math looks like:

SLI peak value: $280,000.00

SLI present value: $55,000.00 

Havilah "offering" shares awarded: 5,000

Havilah value: $500.00  

 

Who can't use an extra five hundred bucks?  I mean it's free!

Bullboard Posts