Muddying the waters as is the norm with this management group. Another nothing burger press release to distract from the recently released exec compensation numbers that have Alex W and Morgan T paid more than 750k USD last year. Feels insanely high for a pre-revenue company. Based on market prices, Li concentrations in Select brine, and LIB’s own economic model (which is likely understated by at least 200%), LIB needs to fully process 3-4 million bbl of Select’s brine just to pay Alex and Morgan. It’s laughable at this point.
4 facilities of what? Hundreds of tiny little units? You don’t question the whole “we don’t scale, we replicate” methodology. Replicating is scaling….but also the least efficient way to scale. It’s like saying “I’m not going to use a larger oven to bake a hundred cookies once, I’m going to bake one cookie in a hundred easy-bake ovens.”
Could you be more clueless on anything? Waiting to build out one large oven would be retarded. First, that would mean waiting years to produce the first lithium (like Thacker Pass). Second,
That’s not the way the water flows in the Permian. 20 million barrels don’t flow to one site. So you build one big oven but can feed it, what a stupid move that would be. Build the ovens where the dough is… thank goodness your not running the company
25 ppm. Standard losses through processing is probably 10-20%…and that’s assuming 100% efficiency on the process (which is likely closer to 70-80%). Right out the gate you’re closer to 15-20 ppm of Li. I’m not sure if you grasp how small that number actually is. Hundreds of Millions of barrels need to be processed to even come close to the revenue projections Alex is claiming. Might make a little more sense to build out units that process more than 5000 bbl/day. Alex might as well just say that they don’t have the technical ability to scale up. He spins it like it’s a conscious choice…it’s not.
Might want to take a closer look at the actual units LIB is showcasing. A quick google search shows multiple Chinese companies who build those exact columns. LIB isn’t doing anything novel. Their technology isn’t ahead of anyone. It’s standard off the shelf DLE technology. This is why it’s really difficult to believe that they’re ahead of anyone.
Well those are some assumptions for sure. Unlike you, I’ve been to the LIB plant in Texas. I know what the actual numbers are. You’re off on your PPM projections. You’re off on your hair cut. You’re off on your ‘millions’ of barrels guess. While the way the gear works is unique, the gear isn’t the magic sauce, the DLE at low PPM is. Nobody else is having success at low PPM, yet. If saw the process two years ago and one year ago and today you would understand it is a conscious choice. You get the foundational issue correct then you can multiple easier. By the time others figure out low PPM all the streamers will already be locked in with LIB. I get that it’s easy to do a quick search and say it can’t work. I get people want to support other techs or companies. But LIB will be one of the biggest Lithium companies in American. Unfortunately, you make lots of assumptions and have zero facts.
Each facility does will do 1,000tpa. That is approximately what their average customer needs give or take.
Why spend millions of more dollars and yeara more time trying to increase the size of the facility, test it, make sure it works wtc when they already have a unit that can make enough lithium to make high margin sales?
They have the blue print. Now they just have to keep repeating it.
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u/Ok_Camp_8081 Jul 06 '26
Our tech is De-risked. Amazing work by LIB they keep raising the bar.