RE:They need lots of money!!E3 is extremely well funded to build the field pilot and achieve all goals set through 2023 and beyond. They will have many options for funding their commercialization when their DLE technology has been proven at the field scale and the sp moves to a much higher level. The options include significant funding from offtake customers who will receive samples from the field pilot. GLTA E3 longs
Shackle12 wrote: In an earlier report "the Company expects to upgrade the resource from Inferred, to Measured and Indicated" after drilling results.
where does this stand.
also, they did produce controlled 20kg of sorbent.
But While the immediate need is to deliver large quantities of the sorbent material for the Company’s upcoming Field Pilot Project, the process methods developed can produce quantities of the sorbent required for commercial operations.
Is there anywhere this has been verified??
and finally not being an accounant and having looked at E3 figures.
Will they have enough money to get this where it is supposed to go....OR will ther be a big sell out the closer they get to fruition.
lol... bin there... dont like that.
as always DD highly recomended.