Dear subscriber,
After giant JV partner Lanxess loaned C$5M to Standard Lithium in convertibles very recently, it seems to me that Lanxess is getting much more involved now. Before this, it only provided a location for the demonstration plant of Standard, and the opportunity to hook up this plant to their production facilities in Arkansas, US. Testing is about to start, the resulting data and the upcoming PFS in Q1 and Q2 2020 will likely provide Lanxess with enough information to decide on a go no go decision soon afterwards. Read more about it here:
Standard Lithium Arranges C$5M Convertible Loan Financing
Regards,
The Critical Investor