re: Diving deeper on Standard Lithium?

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If AOGC ends up setting an obnoxiously high royalty rate like 10%, do you folks think SWA will be financially viable?
I think someone from SLI quoted before AOGC that 1A will not be viable at that high royalty rate.

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They're going to piss of more shareholders than landholders.
If they set them too high and kill these projects, there will be hell to pay. Alot of people are invested in SLI, Albermarle etc and the area needs the jobs and taxes this will generate. A fairly small number of people own the land in question. 3.5% v. the 1.5% they've been getting is fair. 10% is ridiculous. Had Exxon not thrown that number out there, I think the 3.5% would've already been set. I told the ones I know that if they do set it that high based on the price of the refined product to expect lawsuits to re-evaluate the oil royalties they pay to base them off the total value of the refined oil. Fair is fair.

Oil royalties were also set after the industry had developed, not before it ever existed. I think political pressure will force lower royalties on the brine to ensure that the industry can develop in south Arkansas.