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re: Diving deeper on Standard Lithium?

Posted on 5/8/24 at 9:25 am to
Posted by Fe_Mike
Member since Jul 2015
3154 posts
Posted on 5/8/24 at 9:25 am to
Good buying opportunity here. Market is reading this very wrong.

It stops dilution. Massive derisking. The deal is for much more than $170 million. Huge investor.

This is a big deal.
Posted by ev247
Member since Nov 2022
317 posts
Posted on 5/8/24 at 9:30 am to
I’d imagine that today’s announcement will excite institutional investors whose actions will then excite retail (many of whom probably believe that someone just bought half of SLI for $160M lol)

FeMike does the fact that they have announced this partnership before a Phase 1A partnership affect your prediction on if Phase 1A still happens or not?
This post was edited on 5/8/24 at 9:37 am
Posted by Neauxla_Tiger
Member since Feb 2015
1883 posts
Posted on 5/8/24 at 9:34 am to
Yeah I went ahead and bought another 300 shares on that dip. Hoping that was typical market frickery with shorts trying to hold it down so they can get out or a "sell the news" type of dip.

But of course one of the certainties in life is SLI releasing PR on a red market day. Indexes are bouncing back though, so hopefully SLI starts building some steam.

ETA: Rocket preparing for liftoff?..... frick it, bought another 250 LFG. Almost to 6k shares now.
This post was edited on 5/8/24 at 9:40 am
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