Monday, November 29, 2021 4:04:38 PM
Standard Lithium's Koch investment more than just capital funding, Roth says
Standard Lithium (SLI +9.1%) powers higher as Roth Capital reiterates a Buy rating and raises its stock price target to $11 from $10.50, after the company said last week it will receive a $100M direct investment from Koch Investments Group.
Standard Lithium will issue nearly 13.5M common shares at C$9.43/share - while somewhat dilutive, Roth analyst Joe Reagor says the value of the strategic partner outweighs the dilution.
While the funding should provide Standard Lithium with the necessary capital to cover its portion of the cost of developing its first commercial direct lithium extraction plant, it also allows the company to aggressively advance its SW Arkansas project, and adds credibility to its technology amid a period of volatility in the company's share price.
Standard Lithium shares have recouped losses that followed a short report from Blue Orca that said the company was "massively overvalued."
Now Read: Standard Lithium: 100 Million Ways To Wreck A Short Seller
“The markets can remain irrational longer than you can remain solvent.”
John Maynard Keynes
Recent SLI News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 09/03/2024 08:40:15 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/12/2024 10:02:28 AM
- Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] • Edgar (US Regulatory) • 08/09/2024 10:17:27 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/01/2024 08:38:59 PM
- Standard Lithium Announces Leadership Transition for Strategic Growth and Next Steps in Value Creation • GlobeNewswire Inc. • 08/01/2024 12:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/24/2024 08:36:44 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/08/2024 08:30:14 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/29/2024 08:33:52 PM
- Standard Lithium to Attend Upcoming Industry Conferences • GlobeNewswire Inc. • 05/29/2024 08:05:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/28/2024 08:00:19 PM
- Shares of Dual-Listed Lithium Firm Up After Announcing Quarterly Results • AllPennyStocks.com • 05/09/2024 04:10:00 PM
- Standard Lithium Reports Fiscal Third Quarter 2024 Results, Schedules Investor Update Call • GlobeNewswire Inc. • 05/09/2024 11:04:38 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/09/2024 10:00:40 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/08/2024 12:00:15 PM
- Standard Lithium and Equinor Form Partnership to Develop South West Arkansas and East Texas Lithium Projects • GlobeNewswire Inc. • 05/08/2024 12:00:00 PM
- Standard Lithium Successfully Commissions First Commercial-Scale DLE Column in North America • GlobeNewswire Inc. • 04/24/2024 10:00:24 AM
- Standard Lithium Installs Commercial DLE Column at Demonstration Plant • GlobeNewswire Inc. • 03/13/2024 05:05:06 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/22/2024 03:18:56 PM
- Standard Lithium to Participate in Upcoming Industry Conferences • GlobeNewswire Inc. • 02/21/2024 09:05:14 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/09/2024 05:26:33 PM
- Standard Lithium Spearheads Arkansas Lithium Innovation Summit • GlobeNewswire Inc. • 02/09/2024 12:00:03 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/08/2024 02:55:04 PM
- Standard Lithium Reports Fiscal Second Quarter 2024 Results, Schedules Investor Update Call • GlobeNewswire Inc. • 02/08/2024 02:10:21 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/24/2024 04:18:36 PM
- Standard Lithium Advances South West Arkansas Project: Definitive Feasibility Study and Front-End Engineering Design Firm Chosen • GlobeNewswire Inc. • 01/24/2024 08:01:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM