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Permalink Reply by Skip Peel - Mineral Consultant on January 1, 2024 at 12:46

Thanks for the input.  We have been following the lithium/brine play for almost two years now and It's good to hear that it has reached Hopkins County.  This is very early in this "play".  No company will be ready to extract lithium from brine until about 2028.  For that reason, the best suggestion is to gain as much data as possible and to delay making a commitment to lease.  No one knows if 2.5% lithium royalty is fair market because the State of Texas has not announced regulations governing lithium.  Hopefully it will be like O&G leasing and not like the limited ability to negotiate that exists in Arkansas.  Obviously there is plenty of time to inform yourself and wait for more information to inform a decision on a potential lease.  There is little to share at this point although the effort of investors to lease minerals for brine is growing monthly.  I suggest that you read through our long running brine for lithium discussion thread.  It think that may help.  $100 per acre as a bonus shouldn't impress anyone.  Here is a link, good luck:  https://gohaynesvilleshale.com/forum/topics/standar-lithium-news-re...

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Permalink Reply by Hale Yayuh on January 2, 2024 at 4:42

Larges areas were leased in Arkansas counties that are much more highly prospective for lithium (at this time) were leased for $75/acre. It's mostly an unproven play, so, big lease money isn't going to happen yet, if ever. But a 2.5% lithium royalty is really low. Am aware of 10% being the offer in Arkansas. A lessor could take the current offers as bird in the hand sure thing or hope for better offers later but there is no way to know what will happen.

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