Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Post by whoa_rimcheeseon Feb 14, 2013 2:21pm
47 Views
Post# 20990079

Hopefully the change happens quick

Hopefully the change happens quick

I really suspect green team takes this thing down - to be honest, I really would be surprised to see the courts not believing that the green voters got screwed here. If the numbers are correct, the percentage of votes the dissidents got is frankly amazing. As far as shareholder rights, one would think at least another vote would have to occur or just an overturning of the decision made at the AGM. Either way, I do see green team getting in, and even those that are critical of the "family" and Agoracommers, probably feel the same way to some degree.

But then the real fun starts. Getting the funds and beginning another drilling program will be a big first test - the environment for fundraising is very poor - soliciting $100 cheques for legal fees is one thing - getting a $3-5 million placement for drilling is another. To those that think the share price will "pop" on news of new management are living in denial - there may be a few upticks, but the placement will be at the 15 cent range at best. What happens if they can't raise the money? What happens then? Contigency plan?

Then the real, real fun starts if they do miraculously get the money. The drill results start to come in, and my educated guess, is there is a high likelihood the results look similar to the past. What if they worse? What does the "family" do then? Pump CB (which if the press release is completely accurate is a dead end) or Vilcro? 

Don't kid yourselves, the energy and time is all on the "fight" for now - but the likes of scupin et al will be on pins and needles when the real corporate work takes place. Guaranteed, sculpin is hoping for some type of position with the company. Based on his analysis and credentials, he would be well suited as VP Exploration - I mean, doesn't reading dusty old reports multiple times and making giant leaps of faith qualify as a Masters in Geology and decades of industry experience on the field?

Bullboard Posts