Replies to post #554 on Standard Lithium Ltd (SLI)

[TradingCharts]

I probably low balled that number.

How did you determine that it will take 3-5 years for permits to be issued? Seems excessive.

After SLI gets its permit than they can start building. Which will take a few more years to finish the plant.

I have waited for 4-years for ioneer permit. It was pushed back another 18-months.
Also I am waiting for Talon to get their permit as well, for years.

It is why I put $300K in SYAXF very close to last permit.

It takes 5 to 10-years to get a permit in the USA. It takes 3 to 5-years in Canada, up to 7-years in Quebec.

Permits are/is the number one problem in the USA and the planet for hard rock and brines.

Sen. Joe Manchin Hosts Press Conference On Permitting Reform
(The Permit process in the US is very political)

[TradingCharts]

highfeather, I need to correct that post, that you commented on..

SLI is already doing work at that facility. Which means in Arkansas, it would be an amendment to existing permit, all States are different. I read many States last night.

This project contemplates processing the brine that is currently being handled by Lanxess at its South Facility, where the Company’s continuously operating pre-commercial Direct Lithium Extraction (DLE) Demonstration Plant is located.

https://www.yahoo.com/now/standard-lithium-awards-feed-dfs-100000744.html

I had the main site for Arkansas, last night, I went to post that site to you. But, I had no post left. When I find the home page I will post, that as well.
https://www.adeq.state.ar.us/water/permits/nodischarge/uic.aspx

So, to be clear an amendment to exiting permit would be needed. Size of property matters as well, for the permit.

I looked all over the site looking for permits. I found test wells and injection wells for Smackover. Which to me is interesting..

https://www.aogc.state.ar.us/welldata/FldView.aspx?FieldName=SMACKOVER&Value=1937&Type=Pool

[TradingCharts]

Sorry it took so long for me to find it. Been some time since I went through SLI fillings.

Page 10

On April 23, 2018 the Company entered into an exploration and option agreement (“EOA”), with TETRA
Technologies, Inc. (“TETRA”), to secure access to additional operating and permitted land consisting of
approximately 12,100 acres in Bristol Dry Lake, and up to 11,840 acres in the adjacent Cadiz Dry Lake, Mojave
Desert, California. The EOA with TETRA allows for the exclusive right to negotiate and conduct exploration
activities and to enter into a mineral lease to allow exploration and production activities for lithium extraction
on property held under longstanding mining claims and permits by TETRA.

https://d1io3yog0oux5.cloudfront.net/_b58c4235cb1a7516a5c96430e7c23fcb/standardlithium/db/385/2045/file/SLI+Financial+Statements+Q1-23+September+30+2022+FINAL+%28003%29.pdf

Mojave Project
45,000+ acre project, covers majority of the playa; overlies basin estimated to be >1,000 m deep.
Two active, permitted, brine processing companies that have operated for decades producing industrial minerals from brines at Bristol Dry Lake.
Agreements signed with both permitted operators provide immediate access to raw brine, evaporation ponds, decades of operational expertise & existing mining permits.
Existing infrastructure, paved road and rail at site, abundant electricity & water, skilled workforce, close to Port of Long Beach (deep-water seaport).
Access to private land; substantially reducing permitting risk for process plant siting and operation.

https://www.standardlithium.com/projects/bristol-lake