Standard Lithium Ltd (SLI)

[accipiterr]

Here is a message posted on a different message board.

Things here are looking good. The LiSTR plant is producing product that is being shipped out for crystallization. This is what we want to see to get that joint venture with Lanxess moving along.

Here is a informative quote from the Lanxess earnings conference call in March 20.

"Now on the lithium project, the lithium project is advancing. And here, we have now finished -- the pilot plant is in place, the pilot plant has done January, February, the cold commissioning, i.e., you test the plant without chemistry. You tested only with water to see if pipes and vessels and whatever you have there is up and running. Now chemistry has entered, and the solvent has entered the plants. And now we will take basically March, April, May to see what kind of refined products we can get out of that. And then, of course, we will send these products for quality testing to customers who eventually would use this lithium. One of our biggest potential customers that has agreed to this, they would like to test it. And if the quality is reached that the customer needs, then we take the decision on where we go."

The company is a few months delayed but the refined product is now in the process of getting shipped out to 'customers' for quality testing. In about a month or two months we might have some big news coming our way relating to the progression of the Joint Venture with Lanxess.