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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 09, 2013 7:18pm
94 Views
Post# 21504866

RE: How Stupid Am I?

RE: How Stupid Am I?

PLayaa, I am not sure exactly how stupid you are(I'm sure you'll tell me)(I am surprised with your respectable post, I was expecting a typical dissident post) but if you have not been following SLI is in a legal war for controll of the company(99.99% of all competent CEO's would do almost anything to avoid the courts) (I agree; however, in this case the demands are impossible and include things like, "hand the company over without a fight" or " give us the real results" or "where is the money from the mining you never told us about" )know better and as such they are unabl to raise new funds.(Legal woes do have that affect) Given the current situation the company is on life support(Is this the same company that had around a $300,000,000 market cap and now has no money?)(That is exploration my friend, easy come easy go, prey that you find something before its all gone) and they have to preserve cash(Would imagine salaries have been slashed to keep the company afloat) (Who knows, I suspect salleries have not been slashed but rather non essential employees put on leave JMO) . Only a total moron would expect them to continue exploration with no cash on handI(Good Point- No Cash -Dead Company) (We agree on this one!) .If it takes the judge 7 mnths to make a ruleing(Factors to investigate before proceeding in any court case) (Agreed, but I view this as being forced by the dissidents. They were offered 2 board seats and rejected without negotiating further. How silly! ) then consider what is left of your investment gone I don;t think the company can survive 7 months with no cash injection. I could be wrong though. If the dissidents are worried about the longevity of the company they would try t end this madness rather then drag it out longer then needed.(Last I looked, there was another party beside the dissidents in court who can also put an end to this "madness") (Dissidents are the party taking SLI to court, the dissidents are the ones who can stop it. All managment can do is defend imo)

Bullboard Posts