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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 whoa_rimcheeseon Jan 09, 2013 3:05pm
119 Views
Post# 20816548

RE: RE: RE: "Guess Whats Happenin' "

RE: RE: RE: "Guess Whats Happenin' "

To be fair - I can't say with any certainty at all that there is anything wrong with what is being done. Just haven't seen it before and it raises a lot of questions. Certainly, a CA handling the funds is comforting, but that in itself is not enough assurance on the use of funds. For example, the template for sending funds says "professional fees and other costs" - thus, I assume other costs could include travel, meals, incidentals, etc. Or am I mistaken? Is their a requirement explicitly stated that funds have to be used in the most prudent and efficient way possible - who makes this distinction? The people spending the money? I believe in controls and risk management - but I guess there is an element of trust and buyer beware, and if the donaters are comfortable, then fine. But, seeing how previous shareholders were duped by Agoraposters in the past into believing stories of castles in the sky, it would be nice to see some added protections and assurances (which there may be, but that info hasn't been posted in the same forums). 

Bullboard Posts