I've been taking a look at stocks that have been given preferential treatment by the US govt and found SLI ($2.50 US), who doesn't have significant Instutional investment yet. In fact, not only is Koch the only sizeable big money at $100M+ (purchased at $7.42/share), but the Department of Energy is the #1 investor at $225M and it received FAST-41 to get the (potentially) richest area of US lithium up and running. All lithium stocks took a hit when lithium prices dropped with the EV over forecasting, so upside should be there as well.
So we've got - US DoE as the #1 investor, #2 is Koch (which is rare to only have only ONE institution playing at this stage), FAST-41 approval as "critical" to the nation, Operational support from worldwide Giant Equinor (who is a partner on Arkansas "Smackover" project), Instituional money yet to come in, potential National Sovereign Wealth inclusion rumors, potential buyout rumors, and the eventual upside of lithium prices re-balancing.
!!! Am I crazy thinking that this is "too strategic to fail?" ***
This feels like a handshake deal behind closed doors as a favor to the Koch's for campaign funding. If Koch valued this at $7.42/share before - shouldn't this climb once #s are shared, potentially on the 8/7 earnings call and there is no visibility to set-backs?
It feels like the floor has been somewhat established and this will have some runway given US Govt support and Koch on board. It's still speculative . . . but it's got to be one of the safer spec stocks given who's supporting it.
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