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Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

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<ul><li>On September 3, 2025, Smackover Lithium, a JV between Standard Lithium (55%, operator) and Equinor (45%), announced positive results from the DFS for the South West Arkansas project.</li><li>The project targets initial production capacity of 22,500 tons per year of battery-quality lithium carbonate at the Reynolds brine unit over a 20-year operating life.</li><li>The unit is located in Columbia and Lafayette counties, Arkansas.</li></ul>

On September 3, 2025, Smackover Lithium, a JV between Standard Lithium (55%, operator) and Equinor (45%), announced positive results from the DFS for the South West Arkansas project.The project targets initial production capacity of 22,500 tons per year of battery-quality lithium carbonate at the Reynolds brine unit over a 20-year operating life.The unit is located in Columbia and Lafayette counties, Arkansas.

Standard Lithium Ltd: Positive DFS Results Pave Way for FID Toward Year-End 2025