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E3 Lithium Ltd. V.ETL

Alternate Symbol(s):  EEMMF

E3 Lithium Ltd. is a Canada-based development company. The Company is focused on commercial development of lithium extraction from brines contained in its mineral properties in Alberta. Its Direct Lithium Extraction (DLE) on-exchange technology uses a sorbent designed to be selective towards lithium ions. Its technology reduces volumes of low-grade brine into a high-grade lithium concentrate, removing nearly all impurities. This produces a clean product for the development of high purity lithium compounds used in Li-ion batteries. The Company has measured and indicated lithium resources in Canada, with 16.0 million tons (Mt) measured and indicated Lithium Carbonate Equivalent (LCE), hosted in the Leduc Aquifer. In addition, it has 0.9 Mt of inferred mineral resources in its Rocky Area.


TSXV:ETL - Post by User

Post by Gravitymatterson Oct 15, 2020 8:04am
180 Views
Post# 31719781

Comparative to Standard Lithium Oct.14/20

Comparative to Standard Lithium Oct.14/20 - Similar Direct Lithium Extraction process 
-Standard Lithium  ahead of E3 in development by 12-18 months
-Both companies in stable jurisdictions ,SLL in Arkansas   U.S.A., ETMC in Alberta , CANADA
- SLL  Market Cap.  approx.  214,500,000. Canadian dollars
-ETMC Market Cap.approx.    18,000,000. Canadian dollars 
-Approximately 12 to 1
-E3 has a much larger , expandable resource (100% owned) compared to SLL which has a smaller resource controlled by LANXESS
-E3 partnered on research with a fully integrated Lithium producer ,Livent (LTHM) 
-Livent , after spending $5,500,000. U.S. will have an option to by into E3 Metals  at $1.16 per share
-Is it reasonable to assume a double to a 10 bagger within the next year or 2 , with the projected demand for High Quality Lithium  ramping up?

- I'm hanging around

-Draw Your Own conclusions
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